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Reiti whenua kua wawaetia Property rates for subdivided properties
Property rates are based on data such as values and new rating units that exist on 1 July each rating year. This includes titles which are processed by Land Information New Zealand (LINZ) after 1 July but have an issue date prior to 30 June.
If a property is subdivided during the rating year, the rates on the subdivided properties are not applied until 1 July the following rating year.
A solicitor needs to ensure the rates amount is allocated correctly.
Record of title
Each property title (Record of Title) is assigned a rating account.
When a property is subdivided, the rates account, and the original title are cancelled because the new titles replace the original one.
Before we cancel the original title, you have to pay the rates in full.
Check if a Record of Title has been issued
To check if a Record of Title has been issued, contact Land Information New Zealand (LINZ).
If outstanding requirements are delaying your Record of Title being issued, call us on 09 301 0101 to discuss this with the planner processing your subdivision consent.