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16 April, 2012 | Smith and Partners
The title records:
So, if you own your property, you will be shown as the Registered Proprietor. If you have a mortgage over the property then the bank from which you obtained your mortgage will be registered as a mortgagee on the title to the property. This is the bank’s security for the loan they have made to you.
There are most commonly three types of title to a property in New Zealand; being:
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