27 Feb 2015
SHIRTCLIFF v ILES [2015] NZHC 312
- Citation
- [2015] NZHC 312
- Court
- High Court
The phrase 'full balance of sale proceeds' in the consent order means the gross proceeds of sale subject only to necessary sale-related deductions (mortgages, rates, real estate agent commission, solicitors' conveyancing charges and similar payments required to effect the sale) and does not authorise deduction of the vendor's unrelated legal fees.