16 Mar 2021
DEVELOPMENT CONSTRUCTION COMPANY LIMITED v MACKENZIE [2021] NZHC 546
- Citation
- [2021] NZHC 546
- Court
- High Court
The reservation/retention of title clause relied on did not establish a caveatable beneficial interest or equitable charge in the land; there was no express contractual provision giving a right to enter and remove fixtures that could support an equitable interest, and the adjudicator's charging order related only to a small sum that has been paid; accordingly Development Construction Ltd failed to show a reasonably arguable caveatable interest and the caveat must be removed.