Mortgagee sale transfers and removal of charging orders - LINZR20301
- Regulatory Area: Land Titles
- Type: Ruling
- Status: Current
- Document Number : LINZR20301
- Published: 26 August 2009
Summary
- Requirements relating to s 105 of the Land Transfer Act (the Act) and its effect on charging orders have changed as a result of a decision of the High Court on 1 May 2009.
- This ruling confirms how s 105 of the Act should be applied in relation to charging orders when a transfer is registered in exercise of a power of sale under a prior mortgage.
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