Right of First Refusal
As part of the settlement of the Ngāi Tahu Claim, Ngāi Tahu negotiated a Right of First Refusal on all Crown land to be sold or made surplus within the Ngāi Tahu rohe (region / area).
The Right is complex and requires all Government entities contemplating the sale of Crown land to give Ngāi Tahu, initially a Preliminary Notice and finally a Disposal Notice, detailing price and terms and conditions that the Crown is prepared to sell the surplus property at. Ngāi Tahu has a period of time in which to conclude a deal with the Crown entity selling the property and the Crown is required to negotiate in good faith. If Ngāi Tahu does not purchase the property, the Crown body is then able to place the property on the open market, but cannot sell at more favourable terms than those already offered to Ngāi Tahu.
Details of the Right of First Refusal can be found in Part 9 of the Ngāi Tahu Claims Settlement Act 1998.
Ngāi Tahu Property Limited has from time to time had former Crown properties available for sale.
For further information regarding the purchase of former Crown properties, please contact Helen Keegan, with details of the property you are interested in.