Govt Must Take Urgent Steps to Amend the Unit Titles Act

The Government Must Take Urgent Steps to Amend the Unit Titles Act

HOBANZ’s John Gray says it’s a good start but Judith Collins and Nikki Kaye’s proposed amendments just scratch the surface of the problems.

Auckland – 3 October 2018 – HOBANZ is routinely involved in sorting out the fallout from issues directly related to the deeply flawed Unit Titles Act. Multi-unit dwellings all over the country are facing huge repair bills due to repair of defective construction or lack of proper maintenance, owners are reeling at the costs, and the elected officers of the bodies corporate are struggling to work through complex issues in a situation where they feel they’re not helped by the legislation.

With the release of the Collins and Kaye Unit Titles Amendment Bill, HOBANZ is pleased to see that many of the key issues have been addressed. “But much of the existing legislation remains flawed, unworkable, and badly misunderstood by owners and bodies corporate alike. This results in uncertainty, stress, and often unnecessary expenses” says John Gray, HOBANZ’s president.

Notwithstanding that, HOBANZ supports the Bill as a positive step forward in the reform of the Unit Titles Act.

“HOBANZ trusts that Minister Twyford will take urgent stesps to adopt the proposed bill, and we’ll be pressing for much-needed, broader amendments to the Bill when it makes its way through the select committee process” says John Gray.

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