31 May 2010
RICHARD STEWART HAYES V CHRISTINE ANN BURR HC AK CIV 2010-404-002769
- Citation
- openlaw-e23d0797_dcad_4091_a90f_dd5d3b30d09b.pdf
- Court
- High Court
The court concluded the applicant would not be prejudiced if the caveat was removed because the respondent proposed sale by a reputable agent, offered stakeholder arrangements for sale proceeds (preventing dissipation), adequate notice under the trust deed was given, and outstanding contribution disputes can be resolved after sale with the court directing distribution if necessary; accordingly the caveat was dismissed and proceeds to be held by stakeholders.
- Caveat
- Removal of caveat
- Sale of trust property
- Stakeholder of sale proceeds
- Relationship property contributions
- Disclosure of property defects (weathertightness)