Lai v Beem Construction Ltd - [1984] 2 NZLR 278

Property law — Priority between mortgage and lien — Developer planned to construct 11 factory units and sell each factory with a unit title — Each factory unit was sold at a fixed price to be paid by the purchaser by instalments, the payments being secured by a mortgage — Developer then entered into a building contract with a construction company — Developer failed to pay construction company for building the factories — Construction company registered a lien — Whether purchaser's mortgage took priority over contractor's lien.