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Checks that the affected instrument number exists on at least 1 affected title and is the correct type for the selected mode if applicable.
If the affected instrument number is pending the rule will fail, but the dealing can still be lodged behind the pending dealing.
Checks:
Checks rankings in relation to each title are sequential. If the instrument has an Auto reg status it also compares the existing priority of affected instruments on each title with the ranking of the instruments relevant to the titles to make sure the rankings are valid.
Checks that a transfer with No Survivorship selected in the Additional Wording field in Part of Land/Complex mode has at least 1 joint tenancy in the transferee section.
Checks the mortgagee in the Variation of Mortgage or Memorandum of Priority instrument is the same mortgagee for the affected instrument.
We are working closely with colleagues across Government to support communities throughout New Zealand affected by Cyclone Gabrielle.
Advice for property conveyancers and overseas investment consent holders is provided on our Cyclone Gabrielle: Information on our services page.
