5 July 2022
A new Seismic Risk Guidance Document was released today by MBIE following expressions of concern regarding continued occupancy of buildings which have a low seismic rating.
4 July 2022
In response to recent queries from members about how to convert body corporate property from leasehold to freehold we recalled the case of a Wellington Branch Member Body Corporate who achieved the transition.
In 2020 Melanie Carroll wrote about Piermont Apartments’ journey. Her article was published on Stuff and explains the process the BC went through.
31 May 2022
The Amendment Act that the BCCG worked on for so long finally received Royal Assent on the 9th of May 2022. After many months of work on this by a number of dedicated people it was very rewarding to see that the legislation passed.
Attached is an article by Michelle Hill and Oliver Hobbs of Dentons Kensington Swan that provides a synopsis of the amendments to the Unit Titles Act 2020 under this Amendment Act.
5 April 2022
MBIE has confirmed Cabinet agreed to some changes yesterday to widen access to the Residential Earthquake-Prone Building Financial Assistance Scheme.
The changes include allowing some people who no longer live in their earthquake-prone units to make use of the loans, on the condition they either sell their property or move back into it within two years of the building being removed from the Earthquake-Prone Building Register.
29 March 2022
A recent article published by Dentons Kensington Swan may be of interest to some members.
A body corporate facing significant remedial works should consider a range of options before making a decision how to proceed. Remediation is one option, an alternative is the redevelopment of the entire site including collapsing of the unit title structure and sale of the land and airspace.
16 February 2022
An article was published this week in The Spinoff, a New Zealand news media website, that is essential reading for apartment dwellers as we move to Phase 2 of the the CPF Red Light setting.