What really is a cross lease property? They’re all over Auckland, attached and detached 1/2 share or even 1/10 share… but what does it mean? What are the pros and cons/limitations and should you buy one?
Lucia joins Kenneth Sun from Capstone Law to discuss the ins and outs of cross lease properties, limitations and how it can affect your future development plans.
Thanks for watching!
Feel free to ask us any questions and visit our website:
luciaxiao.co.nz
Or if you'd like to contact Kenneth:
Kenneth@capstonelaw.nz
ABOUT LUCIA:
Lucia Xiao is a successful property investment mentor, founder of Finax Mortgages & Insurance and author of Financial Freedom: 5 Steps, 5 Years.
Lucia came to New Zealand from China in the late 90’s and began working life in a poultry shop on eight dollars an hour. From humble beginnings living in a state house, Lucia has now built a $17 million property portfolio in 5 years, and is on track to double this within the next 2 – 3 years.
She's passionate about helping Kiwis realise their financial potential and getting into their own home.
Lucia has also managed a branch, and been an investment advisor, mobile business manager through the GFC and business and commercial insurance manager for a leading NZ bank.
