16 Jul 2018
ORION NEW ZEALAND LIMITED v THE CROWN [2018] NZHC 1750
- Citation
- [2018] NZHC 1750
- Court
- High Court
Where a registered proprietor mistakenly appears in the sale documentation but the registered proprietor received the purchase price and intended to transfer, the proprietor can be treated as holding the property on resulting or constructive trust for the purchaser and the court may vest the land in the purchaser under s 52(1)(b)(iv) of the Trustee Act 1956; applying that principle the land was vested in Orion.