New Zealand Case Law: Decisions & Judgments | LexChat

New Zealand Case Law

Deduction of outstanding rates
  • 30 Nov 2022

    JONES v TUHAKARAINA [2023] NZHC 3440

    Citation
    [2023] NZHC 3440
    Court
    High Court

    Because the respondent failed to cooperate and vacate the property, and independent valuation and agent advice supported marketability at values above the proposed reserve, the Court exercised its s343 powers to order a deadline sale with a $725,000 reserve, authorised the Registrar to execute documents for the respondent, deducted outstanding rates from the respondent's share, and awarded costs to the applicants to facilitate an effective sale.