Unit Titles in New Zealand: A Complete Guide for Apartment and Townhouse Buyers

Buying an apartment, townhouse, or any property within a multi-unit development in New Zealand? You'll likely encounter a unit title. This guide explains how unit titles work under the Unit Titles Act 2010, what body corporate means for you, and the critical checks to make before signing.

What Is a Unit Title?

A unit title is a form of property ownership that allows individual ownership of a defined space (your "unit") within a larger development, combined with shared ownership of common areas. It's governed by the Unit Titles Act 2010 and is the standard ownership structure for apartments, many townhouse developments, and some commercial buildings.

When you buy a unit title property, you become a member of the body corporate — the collective of all unit owners responsible for managing shared areas and making decisions about the building.

Key Components of Unit Title Ownership

🏠 Principal Unit

Your individually owned space — the apartment or townhouse itself, defined by specific boundaries (usually the interior surfaces of walls, floor, and ceiling).

🅿️ Accessory Unit

Additional spaces allocated to your unit — commonly car parks and storage lockers. These are separately defined on the unit plan.

🏢 Common Property

Everything that isn't a principal or accessory unit — lobbies, lifts, stairwells, driveways, gardens, roofs, and building structure. Owned collectively by all unit owners.

📊 Utility Interest

Your share of the common property and body corporate costs, expressed as a percentage. This determines your voting rights and levy contributions.

Body Corporate: What You Need to Know

The body corporate is automatically created when a unit title development is registered. Every unit owner is a member — there's no opting out. Key responsibilities include:

  • Levies — Regular contributions to cover insurance, maintenance, and management of common areas
  • Long-term maintenance plan — Required by law for developments of 10+ units, covering at least 10 years
  • Long-term maintenance fund — Money set aside for future major repairs (roof replacement, painting, etc.)
  • Body corporate rules — Governing everything from pets to noise to renovations
  • Annual general meetings — Where budgets are set, decisions are made, and committee members are elected
  • 🚩Underfunded maintenance — A body corporate with an inadequate long-term maintenance fund may need to impose special levies for urgent repairs, potentially costing thousands
  • 🚩Weathertightness issues — Some buildings from the 1990s-2000s have leaky building problems with repair costs running into millions

Pre-Settlement Disclosure and Pre-Contract Disclosure

The Unit Titles Act 2010 requires sellers to provide specific disclosures to buyers:

Disclosure Type When Required Key Information
Pre-Contract Before agreement is signed Levies, rules, insurance, maintenance fund, defects
Additional On request after agreement Minutes, financial statements, contracts, disputes
Pre-Settlement 5 working days before settlement Updated levies, special resolutions, pending litigation

Essential Checks Before Buying a Unit Title

  • ☐ Order the Record of Title to confirm ownership and registered interests
  • ☐ Review the unit plan to confirm boundaries and accessory units
  • ☐ Request and review body corporate minutes (at least 2 years)
  • ☐ Check the long-term maintenance plan and fund balance
  • ☐ Review current levy amounts and any proposed increases
  • ☐ Check for weathertightness claims or building defect issues
  • ☐ Read the body corporate rules — especially about pets, parking, and renovations
  • ☐ Confirm insurance coverage (building sum insured vs replacement cost)

Frequently Asked Questions

How much are typical body corporate levies?

Levies vary enormously depending on the building's age, size, amenities, and maintenance needs. A small townhouse complex might charge $1,000-$2,000 per year, while a large apartment building with lifts, pools, and gyms could be $5,000-$15,000+ annually.

Can the body corporate stop me from having a pet?

Body corporate rules can restrict pet ownership, though any rules must be reasonable. Check the rules carefully before buying if pets are important to you. Some developments have strict no-pet policies while others are pet-friendly.

What is a special levy?

A special levy is an additional one-off payment required from unit owners to cover unexpected costs — such as urgent repairs not covered by the maintenance fund. These can be significant, sometimes tens of thousands of dollars per unit for major building issues.

🔍 Get Your Unit Title Search

Record of Title from $42.90 — delivered within 2 hours

Order Your Search →
⚡ 2hr delivery📋 Official records🏆 Trusted service

Certificate of Title NZ is an independent service providing property title searches from New Zealand's official land registry.

Pricing


Record of Title with Diagram

⭐ BEST SELLER ⭐

Electronic property title record, showing current proprietor, legal description, registered rights and restrictions (mortgage, easement, covenant). Includes a plan or diagram of the land.

$42.90

Buy Now

Guaranteed Search

Same as current title, plus shows any documents recently lodged but not yet formally registered (e.g., a newly created covenant). Generally requested by solicitors for property transactions.

$45.90

Buy Now

Historical Title

Shows all interests registered when the title was created, and since. May include scan of original paper Certificate of Title.

$42.90

Buy Now

Instruments

Official copies of documents registered against a title: consent notices, mortgages, easements, land covenants, and more.

$39.90

Buy Now

View Other Products

Comments


Leave a Comment