Fees & Charges Reviewed

LINZ has reviewed the fees for its survey and title products and services, and new fees will come into effect on 1 July 2010. The regulations setting these fees were gazetted on 6 May 2010.

Survey and title fees had remained unchanged since September 2007, when they were deliberately set below cost-recovery to reduce a Memorandum Account surplus. Since then, changes in the property market have had a significant impact upon transaction levels, necessitating a review of the fees structure. Due to this volatility, LINZ will monitor lodgement trends, and review the situation as necessary.

The fees are set to recover the costs of maintaining the cadastral survey and land transfer systems, and related products and services. LINZ consulted with the New Zealand Law Society, the New Zealand Institute of Surveyors, and the Institute of Cadastral Surveyors on the new fees.

The new fees and charges are set out in regulations: Land Transfer Amendment Regulations 2010, Land Information New Zealand (Fees and Charges) Amendment Regulations 2010 and the Cadastral Survey (Fees) Amendment Regulations 2010.

View the new charges, which will come into effect on 1 July on Landonline Table of Fees and LINZ website Land Record Order Fees.