20 Dec 2022
TELFORD v TELFORD [2022] NZHC 3564
- Citation
- [2022] NZHC 3564
- Court
- High Court
The Court ordered a private purchase of the defendants' 27% interest at a fixed property value of NZD 1,292,500 (mid-point of valuations) by Billy, Eileen and/or Shelley to settle by 28 February 2023, failing which the property must be sold on the open market by auction with a NZD 1,300,000 reserve; the defendants are awarded rent NZD 174.15 per week from 16 June 2022 until settlement and no reimbursement for insurance, rates or mortgage is made due to lack of evidence of payment.