Land Transfer Act (New Zealand)

The Land Transfer Act of 1952 in New Zealand is a law that governs the system of land ownership registration. It ensures that property ownership is officially recorded and protected, making it easier to buy, sell, or mortgage land. Under this act, the Land Information New Zealand agency maintains a public register of land titles, which provides security for property owners by guaranteeing their ownership rights. This system helps prevent disputes over land ownership and simplifies real estate transactions, making the process more transparent and efficient for everyone involved.