The Unit Titles Act 2010 governs the ownership and management of unit-titled properties in New Zealand, such as apartments, townhouses, and multi-unit complexes. If you own or plan to buy a unit title property, it’s crucial to understand your rights and responsibilities under the law.
In this blog, we’ll explain how the Unit Titles Act works, key ownership responsibilities, and how NG Property Management (NGPM) can help simplify compliance and day-to-day management.
1. What is a Unit Title? 🏘️
A unit title is a type of property ownership in New Zealand where:
- Owners have individual ownership of a specific unit (e.g., an apartment).
- They share ownership and responsibility for common areas like hallways, lifts, gardens, and parking spaces.
Key Feature:
- Each unit owner is automatically part of a Body Corporate, which manages the common property and building maintenance.
NGPM Insight:
We assist unit owners in understanding their obligations within a Body Corporate and ensure smooth communication between owners and managers.
2. What is the Body Corporate? 🏠🔑
The Body Corporate is a legal entity made up of all unit owners. Its primary role is to manage common areas and ensure the property is well-maintained.
Responsibilities of the Body Corporate:
- Maintain and insure common property.
- Manage repairs, upgrades, and shared facilities.
- Set and collect levies to cover expenses.
- Establish rules for property use and behavior.
- Enforce compliance with the Unit Titles Act.
NGPM Advantage:
We offer professional Body Corporate management, overseeing maintenance, meetings, and compliance to reduce stress for owners.
3. Rights and Responsibilities of Unit Owners ⚖️
Your Rights as an Owner:
- Exclusive ownership of your unit.
- Shared ownership of common property.
- Participation in Body Corporate meetings and decision-making.
- The right to vote on matters affecting the property (financial budgets, maintenance plans, etc.).
Your Responsibilities as an Owner:
- Pay Body Corporate levies for maintenance and insurance.
- Follow rules (e.g., noise limits, pet restrictions).
- Maintain your unit’s interior and fixtures.
- Notify the Body Corporate of any repairs or issues in common areas.
NGPM Insight:
We ensure owners stay informed about obligations and handle disputes or rule violations professionally.
4. Financial Obligations for Owners 💰
1. Levies and Fees:
Unit owners must contribute to a Body Corporate fund through annual levies to cover:
- Maintenance and cleaning of shared spaces.
- Insurance premiums for common property.
- Long-term maintenance plans to future-proof the property.
2. Special Levies:
Additional funds may be required for urgent repairs or major upgrades.
NGPM Tip:
We prepare budgets and long-term plans to prevent unexpected costs and ensure financial transparency.
5. Maintenance Responsibilities 🔧
Individual Owners:
- Responsible for interior repairs and appliances within their unit.
- Must ensure windows, doors, and fixtures are well-maintained.
Body Corporate:
- Manages external repairs, such as roofing, walls, and common areas.
- Oversees gardens, lifts, and driveways.
NGPM Solution:
We arrange regular maintenance checks, coordinate contractors, and manage repair schedules for hassle-free property upkeep.
6. Dispute Resolution and Compliance ⚖️
Disputes can arise between unit owners, tenants, or the Body Corporate over:
- Levies or fees.
- Noise complaints or rule violations.
- Maintenance responsibilities.
Dispute Resolution Process:
- Start with informal discussions to resolve issues.
- Use mediation services through the Tenancy Tribunal.
- Seek legal action if necessary.
NGPM Advantage:
We act as mediators, ensuring issues are resolved quickly and legally to preserve community harmony.
7. How NG Property Management Makes Compliance Easy 💼
Managing a unit-titled property requires attention to detail and compliance expertise. At NG Property Management, we:
- Handle Body Corporate administration, including financial reports and meeting coordination.
- Oversee maintenance schedules and ensure work is completed promptly.
- Provide Healthy Homes compliance assessments and arrange upgrades to meet standards.
- Act as a liaison between owners, tenants, and contractors.
- Offer dispute resolution services to protect landlords and ensure smooth operations.
8. Key Takeaways
- The Unit Titles Act outlines rights and responsibilities for apartment owners and Body Corporates in New Zealand.
- Owners must pay levies, maintain interiors, and follow rules set by the Body Corporate.
- NG Property Management simplifies compliance by handling administration, maintenance, and legal disputes, giving landlords peace of mind.
Disclaimer: This blog is for informational purposes only and does not constitute legal or financial advice. For personalized recommendations, consult a property management expert or legal advisor.
