Estates & Trusts Newsletter: September 2015
In this issue:
"The law provides a deadlock breaking mechanism to deal with a situation where two co-owners are not co-operating in the proper management of real estate and one refuses to sell. The threat of a section 66G application is often enough to cool tempers and allow for an orderly sale, but if intransigence prevails, then an independent party will be appointed by the Court to sell at the best price for the benefit of both parties. This article discusses the use of section 66G Conveyancing Act in these circumstances.”
Michael Henley, Partner and Team Leader.