High Court Wellington
11 August; 29 September 1993
Thorp J
11 August; 29 September 1993
Thorp J
Property law — Mortgage — Tacking — Whether any form of tacking available with Land Transfer Act Mortgage.
Property law — Mortgage — Mortgage to bank — Land subsequently subject to judgment debt and charging order — Mortgage subsequently purchased by third party — Whether third party entitled by virtue of mortgage to include judgment debt in amount required for redemption.
Commercial law — Credit contracts — Mortgage — Mortgage to bank — Mortgage purchased by third party — Land subsequently subject to judgment debt and charging order — Mortgagee seeking to include amount of judgment debt in amount required to redeem mortgage — Observations as to whether mortgagee's conduct oppressive — Credit Contracts Act 1981, s 9 - Property Law Act 1952, s 80A - Land Transfer Act 1952, s 37.
Loading... Please wait...
