Certainty of Property Rights: Preparing Ourselves for Tomorrow's Land Development Market

What will we do & why is this important?

The land development market involves the subdivision and development of land for new uses and typically includes local government, developers, site surveyors and engineers. The information generated from this process leads to surveyors and lawyers preparing resource consents, survey plans and land title documentation that updates the land title register and provides new information for the land information market.

LINZ will take a leadership role to work with key industry representatives to establish a shared view on shaping the land development market – with a view to how the various professions and players can work more efficiently together to meet the future needs of New Zealand and promote economic efficiencies. LINZ can then consider realigning our regulatory frameworks and processes accordingly.

Specific activities with the surveying, conveyancing and valuation communities include LINZ leading joint programmes to:

• agree on the land development and land information markets of the future, including participants, roles, accountabilities, expectations and systems of tomorrow’s industry
• evaluate how we measure up now compared with where we want to be in the future, and
• determine who needs to do what to achieve the land development market of the future.

What impact will this initiative have?

This initiative is intended to improve the functioning of the land development market by:

• influencing and improving LINZ’s understanding of the future needs of the land development and land information markets and aligning LINZ’s frameworks and processes to it, and
• achieving optimal regulation. Through working with stakeholders to identify future needs, we expect to identify key areas in which regulatory design, and our role in the land development market, can be improved so it is fit for purpose into the future, without imposing unnecessary costs on users.