Published 11 May 2006
Building Issues Minister Clayton Cosgrove released a discussion document, Unit Titles Act: Options for change, on 2 May and the Auckland Regional Council has followed that up by urging owners of multi-unit property to have their say.
Submissions close on Friday 2 June.
Mr Cosgrove said the act was “a seriously outdated piece of legislation that no longer meets the needs of users, or owners, of multi-unit residential or commercial buildings.”Discussion document proposals include:
redefining the responsibilities of bodies corporate & unit owners
suggested improvements to decision-making & dispute resolution processes
changed definitions for common property & unit entitlement, and
enhanced consumer protection measures.
“These & other proposals, including possible mandatory long-term financial maintenance & repair planning by bodies corporate and mandatory information disclosure by developers, bodies corporate & unit sellers, came out of the initial public consultation early last year.
“The review process â€“ and this key second consultation period â€“ is crucial to getting the public’s views to ensure we achieve an act flexible enough to keep up with the fast-changing environment of multi-unit building developments.”
Cllr Paul Walbran, chairman of the regional council’s regional strategy & planning committee, said the review was expected to result in changes to voting rights, long-term maintenance, body corporate rules and the way expenses are shared (unit entitlement).
“This affects tens of thousands of Aucklanders who own or live in an apartment, town house or unit, as well as the industries that build, sell, manage & maintain them,” he said.
The review also applies to commercial & industrial unit-titled property and will affect businesses & investors.
The regional council & Auckland Regional Growth Forum brought the issue into public focus in 2003 by lobbying the Government, with the support of apartment owners, bodies corporate and the wider development & property industry.
The Government responded by launching its review of the act.
The regional council has held education seminars over the last 2 years and has published a guide to help unit owners understand the workings of bodies corporate and the existing act.
Website: Unit titles review
Attribution: Minister’s statement, ARC release, story written by Bob Dey for this website.