Body Corporate 198072 v Bank of New Zealand - [2011] 3 NZLR 249

Property law — Unit titles — Remediation of damage to property caused by water — Whether legitimate for scheme under s 48 of Unit Titles Act 1972 to enable applications for sale of units of defaulting proprietor — Interests of mortgagees — Validity of Body Corporate rules — Proper method for allocation of costs of remediation among proprietors — Unit Titles Act 1972, s 48 and schs 1 and 2.