The cost to convert a cross-lease to a fee simple title can vary widely depending on several factors, including the complexity of the conversion, location, legal fees, surveying costs, and other associated expenses.
Fees for the Resource consent application, Land Transfer Survey, Council fees and LINZ fees for converting a cross lease to fee simple title would be approximately $15,000 + GST per flat/title. For example, one cross-lease property converted into two fee simple/freehold titles would be roughly $25,000-$30,000 total. However, an accurate quote would be provided on a site-by-site basis. This excludes legal fees.
