26 Oct 2006
LEUNG WAI FONG AND ANOTHER v. CHO LI YUEN
- Citation
- LEUNG WAI FONG AND ANOTHER v. CHO LI YUEN
- Court
- District Court
- Case number
- DCCJ4222/2004
The court found on the evidence that the three sisters entered a joint investment agreement on 7 May 1995 and each held a one-third interest and was jointly liable to contribute one-third to the mortgage; the deceased's estate therefore holds a one-third share subject to the legal charge and is liable to contribute one-third of mortgage repayments (with agreed rental credit), and an order for sale under s6 Partition Ordinance was appropriate; sale proceeds are to redeem the mortgage, repay the mother's loan, and any shortfall between the balance and the mother's loan is to be borne equally by…