WebApr 10, 2024 · Common ownership - two estates must unite in the same person without any intervening estate ( Burton v Barclay 131 E.R. 288; (1831) 7 Bing 745) - the leasehold interest and the reversionary interest in a property must come into common ownership; Same capacity - the person in whom the interests unite must hold both interests in the same … WebMay 22, 2024 · For those purchasing a property, checking the title is integral to understanding what you are getting for your money. Common rights and restrictions registered on New Zealand property titles are: Mortgages, which secure borrowing against the property. Mortgages need to be discharged when land is sold. Consent Notices issued …
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