17 Aug 2017
MULES v R CAMERON AND SHORTTS ENGINEERING & PLUMBING SUPPLIES LTD [2017] NZHC 1966
- Citation
- [2017] NZHC 1966
- Court
- High Court
Section 105 LTA operates to free a purchaser at a mortgagee sale from leases unless the mortgagee had subordinated its rights or consented to the lease; there was no evidence BNZ consented and providing a lease copy to prospective purchasers did not constitute consent, therefore plaintiffs are not bound by the unregistered lease and the defendant's continued storage of plant and equipment is trespass.