20 Apr 2022

New laws to protect apartment owners

From Nine To Noon, 9:30 am on 20 April 2022
apartment building

Photo: Scott Webb / Unsplash

New rules soon to pass into law will give more protection to people who own apartments or are looking to buy one. A Members Bill will amend the Unit Titles Act, which governs how unit titles like apartments are bought and sold. It will strengthen the regulation of body corporate committees, increase the amount of information that must be disclosed to prospective buyers, and require more rigorous planning for long-term maintenance. The bill, brought by National's Nicola Willis, has cross-party support and is expected to pass its final reading in Parliament. Lynn speaks to Joanna Pidgeon, the chair of the Unit Title Working Group set up in 2016 and director of the law firm Pidgeon Judd.