Landco Albany Ltd v Fu Hao Construction Ltd - [2006] 2 NZLR 174

Contract — Conditions — Sale and purchase of land — Clause in agreement that purchaser would not lodge caveat prior to deposit of subdivision plan — Whether clause void or unenforceable as contrary to public policy — Integrity of Torrens system — Land Transfer Act 1952, s 145.

Equity — Sale of land — Equitable interest in land — Caveat — Clause in agreement that purchaser would not lodge caveat prior to deposit of subdivision plan — Whether clause void or unenforceable as contrary to public policy — Integrity of Torrens system — Whether any prospect of specific performance of agreement — Land Transfer Act 1952, s 145.

Property law — Caveat — Sale and purchase of land — Equitable interest in land — Caveat — Clause in agreement that purchaser would not lodge caveat prior to deposit of subdivision plan — Whether clause void or unenforceable as contrary to public policy — Integrity of Torrens system — Whether any prospect of specific performance of agreement — Land Transfer Act 1952, s 145.