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Court of Appeal Wellington
CA553/2010; [2011] NZCA 368
22 June; 3 August 2011
Randerson, Winkelmann and Keane JJ
CA553/2010; [2011] NZCA 368
22 June; 3 August 2011
Randerson, Winkelmann and Keane JJ
Contract — Interpretation — Deed of priority — Whether deed stand-alone document — Intention of deed — Whether deed operative only on forced sale.
Property law — Mortgages — Revolving credit facility — Deed of priority — Whether mortgagee could rely on mortgage documents — Land Transfer Act 1952, s 105.