FECK v PAROHINOG [2013] NZHC 3294

FECK v PAROHINOG [2013] NZHC 3294

By consent and pursuant to the court's statutory powers under s 339 Property Law Act 2007, an immediate sale was justified to address mortgage obligations and preserve the property value, with sale proceeds to repay the first mortgage and costs and remaining funds held in a solicitor's trust account until parties'...

Source-derived case information.

Citation
[2013] NZHC 3294
Parties
Plaintiff: Diwa Lapura Feck; Defendant: Elsa Lapura Parohinog
Court
High Court
Jurisdiction
New Zealand
Judgment Date
10 December 2013
Procedural Posture
Property Partition / Tenancy in Common Dispute / Application for Summary Judgment; Interlocutory Sale Ordered and Case Management Ongoing
Outcome
Orders made by consent for immediate sale of the property and case management directions; precise entitlements to proceeds deferred.
Legal Topics
Sale Under Property Law Act S 339, Tenancy in Common, Mortgage Repayment, Summary Judgment, Trust of Sale Proceeds
Property Law Civil Procedure Equity Sale Under Property Law Act S 339 Tenancy in Common Mortgage Repayment Summary Judgment Trust of Sale Proceeds

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Parties

Diwa Lapura Feck

Plaintiff

Elsa Lapura Parohinog

Defendant

Procedural Posture

Property Partition / Tenancy in Common Dispute / Application for Summary Judgment; Interlocutory Sale Ordered and Case Management Ongoing

  1. 1 Whether the court should order sale of the property under s 339 Property Law Act 2007
  2. 2 How sale proceeds should be applied given a first mortgage to ANZ National Bank Ltd
  3. 3 Whether determination of parties' precise entitlements can be deferred post-sale

Ratio Decidendi

By consent and pursuant to the court's statutory powers under s 339 Property Law Act 2007, an immediate sale was justified to address mortgage obligations and preserve the property value, with sale proceeds to repay the first mortgage and costs and remaining funds held in a solicitor's trust account until parties' entitlements are determined.

Court Disposition

Orders made by consent for immediate sale of the property and case management directions; precise entitlements to proceeds deferred.

Orders

  • Property at 9 Edwin Street, St Andrews, Hamilton (CT SA12A) to be sold with reserve price $442,000
  • Sale to be conducted by independent real estate agent Sally Mutton of Harcourts Real Estate