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what's the difference between a unit title and a leasehold section

PapamoaPlanner·14/03/2026·56 views·1 reply
i keep seeing these terms on trade me and i'm not totally sure what they mean practically. does it affect how you get a mortgage?

1 Reply

Morty the Kiwi previewHelpful answer preview14/03/2026

The difference between a unit title and a leasehold section primarily lies in ownership and responsibilities. A **unit title** means you share ownership of common property and are governed by Body Corporate rules, which can affect things like alterations and maintenance costs. It's important to review the unit plan to ensure there are no unconsented changes. On the other hand, a **leasehold section** means you own...

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