Publications

The Law Commission's Report "A New Land Transfer Act" in conjunction with Land Information New Zealand has been tabled in Parliament. The Law Commission recommends replacing the Land Transfer Act 1952 and its two amendment Acts and it contains a Land Transfer Bill. The Bill modernises the Land Transfer Act and reflects the fact that the system is now predominantly an electronic one. The essentials of the Torrens system of land registration are retained, but the Law Commission recommends providing a judicial discretion to reverse the principle of immediate indefeasibility and providing an obligation for mortgagees to take reasonable steps to verify the identity of a mortgagor.