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Chris The Lawyer
Chris The Lawyer, Lawyer
Category: New Zealand Law
Satisfied Customers: 22322
Experience:  37 years qualified as a lawyer; LLB, MMgt and FAMINZ.
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want are the rights of purchaser in mortgagee sale no vacant

Customer Question

want are the rights of purchaser in mortgagee sale no vacant possession as to protect against damage or loss of fixed assets?
Submitted: 3 years ago.
Category: New Zealand Law
Expert:  Chris The Lawyer replied 3 years ago.

christhelawyer :

Hi Welcome to JustAnswer. My first response will follow shortly. Please feel free to follow up if anything is not clear

christhelawyer :

You will have some problems in that the persons occupying may damage the property. You will need to evict any occupiers as soon as possible to avoid this possibility. If the occupiers were the previous owners and are upset at being evicted then there is a real risk, so you will need to organise to evict them as soon as possible

christhelawyer :

If the occupiers do damage you can sue them, but they not be able to pay, so it would be pointless suing. The mortgagee is not however liable for the damage.

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