Cudgegong v Transport for NSW (No 3)

Land and Environment Court New South Wales Medium Neutral Citation: Cudgegong v Transport for NSW (No 3) [2015] NSWLEC 185 Hearing dates:20 August 2015, additional written submissions 9 and 16 September 2015Date of orders: 01 December 2015 Decision date: 01 December 2015 Jurisdiction:Class 3Before: Pain J Decision: See par [93] Catchwords: CONTRACT – construction of contract for sale of land – whether partly oral and partly written   EQUITY – general principles – priority and notice – competition between a mortgagor’s equity of redemption and the interest of a purchaser under an uncompleted contract for the sale of land – whether the equity of redemption is subject to a properly exercised power of sale by the mortgagee   MORTGAGES – whether breach of mortgagee’s duty owed to mortgagor when exercising power of sale under s 420A of the Corporations Act 2001 (Cth) or the general law duty   REAL PROPERTY – compulsory acquisition of land – compensation – remitter from Court of Appeal – determination of entity with compensable interest in the acquired land – whether mortgagor in default owner of land or incoming purchaser has the compensable interest at the date of compulsory acquisition Legislation Cited: Conveyancing Act 1919 (NSW), ss 23C, 52A, 54A Corporations Act 2001 (Cth), s 420A, Dictionary Land Acquisition (Just Terms Compensation) Act 1991 (NSW), Pt 3 Div 5 Cases Cited: Artistic Builders Pty Ltd v Elliot & Tunhill (Mortgages) Pty Ltd [2002] NSWSC 16; (2002) 10 BPR 19,565 Australia and New Zealand Banking Group Limited v Bangadilly...