Wallace v Downes - Waiunu and other blocks (2020) 414 Aotea MB 81 (414 AOT 81) [pdf, 168 KB]
...that it is her niece Lorraine Downes, as the tenant and a trustee, that benefits from the property. [20] Further, Ms Wallace submits that the trust has exhausted funds on repairs for the property. While she acknowledges that the property does generate some rental income, she contends the rent received from the property is insufficient to offset the costs incurred by the trust on repairs. Respondents’ submissions [21] Mr Downes and Ms Downes oppose the partial termination....