Freehold, Cross-Lease, Leasehold... What Do They Actually Mean?

Understanding the nuances of different property types is crucial for making informed buying decision.

In New Zealand, various forms of property ownership exist, each with its own set of rules and considerations. This article explores the most common property types in New Zealand, as we as potential things to watch out for with each one.

The type of property will be marked out in the sale & purchase agreement for that particular property.