16 Nov 2017
HILL v MCIVOR [2017] NZHC 2817
- Citation
- [2017] NZHC 2817
- Court
- High Court
Court ordered sale and directed that the total proceeds be divided in accordance with the recorded ownership shares (69/83 to the Hills; 14/83 to Ms McIvor), subject to specified priorities: deduction of legal costs and disbursements, non-commission agent fees, apportioned commission and GST, repayment to applicants from respondent's 14/83 share of the payments applicants made to service the loan ($12,457.74) and the loan principal (current balance $85,458.43) including bank interest to settlement, equal sharing and payment of rates arrears, with the respondent receiving the remainder of her…