Fisher v Mansfield - [1997] 2 NZLR 230

Property law — Caveat — Whether caveatable interest — Mutual wills of grandparents leaving property or proceeds to grandchildren — Property sold and proceeds mixed with other funds in new property — Whether grandchildren "entitled" to property under s 137 of Land Transfer Act 1952 — Application to review Master's decision not to remove caveat — Land Transfer Act 1952, s 137.

Trusts and trustees — Constructive trust — Mutual wills of grandparents leaving property or proceeds to grandchildren — Property sold and proceeds mixed with other funds in new property — Whether constructive trust imposed on surviving testator — Nature of constructive trust — Protection to which beneficiaries of constructive trust entitled.