King v CAC 20004 & Findlay [2014] NZREADT 78 [pdf, 89 KB]
...appraisal, had noted that the property was, as he put it, misdescribed as three bedrooms when it comprises seven bedrooms and over 300 square metres. He said that he made this clear to the licensee well before the tender date but that he received no response from the licensee, although the latter had had a discussion with him. Mr Buxton noted that the property was subsequently withdrawn from sale by the mortgagee and said “I was quite shocked to hear that it had later sold for an undi...