A Passive Partnership brings together a few clearly-defined roles. Each has its own reasons to take part, its own rights, and its own obligations — and an independent non-profit keeps them aligned. Meet everyone involved.
Lives in the home, makes every decision, builds equity — a co-owner, not a tenant.
An existing owner who sells down a share and earns an index-linked return — without the landlord workload.
Non-profit manager — keeps the register, receives and pays the weekly fees, applies the rules fairly to both partners.
Valuer, property index, Chapman Tripp and LINZ — the independent backbone that keeps it objective.
The Resident Owner lives in and runs the home, and pays an Occupancy Fee to the Passive Owner for the share they don't yet own. The Passive Owner holds the rest as a passive investor, with their capital tracking the property index. The Passive Partnership Administrator sits in the middle — keeping the register, receiving and paying the Occupancy Fees, and applying the rules fairly to both. Around them, an independent supporting cast (valuer, index, lawyers, LINZ) provides the objective numbers, legal backbone and certainty that let the partners trust the process rather than each other.