What is the cost of converting a cross lease to fee simple title?
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.
What does a survey cost?
The cost of a survey can vary depending on the type of survey, the size of your property and the age of the underlying and surrounding survey data related to your property. We can provide an estimate of survey costs at the start of a project.
Do I need a land surveyor?
If you are subdividing or pegging your boundaries you require a Licensed or Registered Professional Surveyor to undertake a land transfer survey to legally define your new or existing parcel of land.
Why do I need a Redefinition boundary survey?
If you require boundary pegs placed to locate your boundary locations for fencing or boundary disputes you will need a boundary redefinition survey. Only a licensed cadastral surveyor can legally place boundary pegs.
