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Introduction
Preparation and Planning
Financial Management
Construction Process
Regulatory and Compliance
Post-Construction Management
Land and Site Considerations
Team and Project Management
Utility and Infrastructure Planning
Resource and Materials

01.
 
How to Use the Step Guides
02.
 
Understanding Your Reasons for Building
03.
 
Key Things To Factor When Building
04.
 
Site Analysis and Pre-Design Assessment in New Home Construction
05.
 
Researching the Building Process
06.
 
Using the Simpli Portal for Building Consent and Compliance
07.
 
Setting a Preliminary Budget
08.
 
Choosing the Best Hardware Store for Your New Build
09.
 
Land Ownership Types in New Zealand

10.
 
Maximising Cash Flow in Construction
11.
 
Cost Components of a New Build
12.
 
Land Terrain Types and Their Influence on Building
13.
 
Environmental Impact Assessment in New Home Construction
14.
 
Matching Property Types to Your Land Choice
15.
 
Deciding on the Type of House to Suit Your Land and Project
16.
 
Architectural Considerations and Planning Permissions
17.
 
Choosing the Right Builder
18.
 
Assembling the Right Team
19.
 
New Build Project Management Tools
20.
 
Building Contract Guide for Clients
21.
 
Due Diligence and Contracts in Building Projects
22.
 
Change Order Management in Construction Projects
23.
 
Financing Strategies for New Build Homes
24.
 
Progressing Planning and Designing
25.
 
Design Principles for Your New Home Build
26.
 
On-grid vs. Off-grid Living
27.
 
Foundation Types for New Zealand New Builds
28.
 
External Cladding Options for New Zealand Homes
29.
 
Interior Cladding Options for New Zealand Homes
30.
 
Flooring Options for New Zealand Homes
31.
 
Utility Connection Planning
32.
 
Finalising Your New Build Construction Plans
33.
 
Key Consents for New Build Projects
34.
 
Finalising Detailed Architectural Plans and Building Specifications
35.
 
Recheck and Reforecast Your Build Costs
36.
 
Regular Financial Audits
37.
 
Keeping a Debits and Credits Log for Construction Expenses
38.
 
Construction Phase Contingency Planning
39.
 
Effective Risk Management Strategies in Construction Projects
40.
 
Breaking Ground on The New Build
41.
 
Essential Construction Material Order Timings for New Builds
42.
 
Site Visits for Building Inspections and Material Delivery
43.
 
Understanding Milestone Payments in Construction Projects
44.
 
Laying Foundations and Frameworks
45.
 
Security and Site Management During Construction
46.
 
Installing Roof Stage
47.
 
Quality Control Checks During Construction
48.
 
Installing Windows and Doors Stage
49.
 
Preparation and Treatment of Exterior Cladding Materials
50.
 
Installing Exterior Cladding
51.
 
Completing Electrical Pre-Wire
52.
 
Completing Plumbing Pre-installation
53.
 
Completing Insulation Installation
54.
 
Preparation and Treatment of Interior Cladding Materials
55.
 
Installing Interior Cladding
56.
 
Post Installation Interior Wall Preparation and Treatment
57.
 
Post Interior Cladding Installation Cleaning
58.
 
Installation of Flooring in New Home Construction
59.
 
Installation of Kitchen in New Home Construction
60.
 
Installation of Bathroom and Toilet in New Home Construction
61.
 
Installing Fixtures and Fittings in New Home Construction
62.
 
Final Electrical Fit Out in New Home Construction
63.
 
Final Plumbing and Gas Fit Out in New Home Construction
64.
 
Installation of a Deck in New Home Construction
65.
 
Final Cleaning and Detailing
66.
 
Installation of Window Treatments in New Home Construction
67.
 
Final Inspection and Certifications for New Home Construction
68.
 
Practical Completion and Handover to Homeowner in New Home Construction
69.
 
Post-Construction Reviews
70.
 
Financial Planning for Long-Term Property Maintenance
71.
 
Post-Construction Warranty and Maintenance Information
72.
 
Community and Neighbourhood Integration
73.
 
Planning for Sustainability in Your New Home
74.
 
Home Enhancement and Upgrades
75.
 
Resale Preparation and Valuation
76.
 
A Real Example of a New Build Using The realtor.co.nz Build Guide

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Build / Step 9 of 76

Land Ownership Types in New Zealand

Land Ownership Types in New Zealand


When delving into the world of real estate in New Zealand, it's crucial to familiarize yourself with the four main types of land ownership you'll encounter. Each one comes with its own set of advantages and disadvantages, which can significantly impact your decision-making process. The most common land types are:

1. Freehold Ownership

The most common type of land ownership in New Zealand is freehold ownership. When you purchase a property that falls under this category, you gain complete control over both the land and the buildings on it. This means you have the freedom to do whatever you please with your property.

Pros of Freehold Ownership:

Cons of Freehold Ownership:

For instance, suppose you acquire a freehold section in Auckland. This grants you the liberty to construct your dream home without seeking permission from external parties, such as your immediate neighbours. However, it also means that you are accountable for maintaining aspects such as driveways, roads and utilities - expenses that may accrue over time.

2. Leasehold Ownership

Leasehold ownership involves leasing the land from the freeholder for a specified duration. This arrangement is prevalent among properties owned by Māori trusts or government agencies.

Pros of Leasehold Ownership:

Cons of Leasehold Ownership:

For instance, let's say you're an investor seeking to acquire a leasehold property in Wellington. The reduced upfront cost of purchasing the land might provide you with more funds to allocate towards constructing an apartment complex. However, it would be essential to consider increasing ground rents and any constraints imposed by the freeholder on your development plans.

3. Unit Title Ownership

Unit title ownership involves owning a unit (such as an apartment) within a larger complex. In addition to your individual unit, you also share ownership of common areas with other unit owners.

Pros of Unit Title Ownership:

Cons of Unit Title Ownership:

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