Buyer lawyers up to force home sale

Buyer lawyers up to force home sale
Employment advocate May Moncur has won a case to force the sale of property.
Victoria Young
When May Moncur signed a standard sales and purchase agreement and paid a 10% deposit for a $1.14 million Drury investment property in August last year, it should have been a simple transaction.However, seven months and two high court hearings later Moncur has only just got a judge’s order forcing seller Yang Li to complete the deal.“The case should never have had to go to court in the first place, it is all very unfortunate,” the employment advocate, also known as Congmei Ma, told BusinessDesk.“We did everything accordi...

More Property

Summerset launches $100m bond offer
Property

Summerset launches $100m bond offer

Summerset Group has launched a six-year bond offer to fund the repayment of previously issued debt. The retirement village and aged care company told the market on Monday that it is raising up to $100 million, with the potential to accept an additional $50m in oversubscriptions. ...

Leighs opts out of Scott Base build
Infrastructure

Leighs opts out of Scott Base build

The Antarctic contractor is focused on offices, healthcare and apartments.

Oliver Lewis 09 May 2025
Two housing projects snare first fast-track panels
Policy

Two housing projects snare first fast-track panels

Applications opened on Feb 7. Now we have our first panels.

Oliver Lewis 08 May 2025
NZ Super Fund, Russell, Lockwood want to sell $600m+ hotel portfolio
Property

NZ Super Fund, Russell, Lockwood want to sell $600m+ hotel portfolio

The Adina Apartment Hotel Auckland is one of seven properties for sale.

Staff reporters 07 May 2025