The individual sections or plots are freehold titles, the most common form of land tenure in New Zealand. The share in the remaining common land is linked to the individual titles and passes in ownership with the main title. All common facilities and services, for example the wind turbine or wastewater system, are also commonly owned.

In the Totara Bank development each owner maintains their own section and the remainder is managed by a Residents’ Association , whose members are comprised of the owners of all the lots. The society democratically decides what standard of maintenance is required for the common land and facilities and may employ services as necessary.

For more information please contact us.