Leasing land
A large part of Māori Trustee’s business is leasing land on behalf of owners. This means that the local Māori Trustee team will take on the responsibility of arranging a lease and making sure that the conditions of the lease are met.
The first step is to understand what owners want to achieve and to identify the best options to achieve those aims through the leasing arrangement.
Options may include improvements to the land which will give better long term returns, for instance installing a water supply, or building a track or road to give access to land - see the benefits the owners of Rangitoto Tuhua gained from building a drift deck.
We then seek the lease proposal that is the best fit with owners’ aspirations, and work with the lessee over the term of the lease to make sure that they fulfil the terms of the lease.
As part of our leasing service for owners we:
- Negotiate rent for land and any other rights such as cutting rights or mineral extractions
- Provide plans and costings for land improvement options such as access tracks and water supply
- Assist owners with the resource management consent process
- Draw up lease agreements
- Arrange property inspections
- Collect rent and other income
- Arrange visits by owners to their land.
See more in the Lessees section on how leases are negotiated and managed.
