Bunt and Bunt

This matter concerned orders made by Judicial Registrar Loughnan between the husband and the wife. The dispute revolved around the division of property and the financial obligations of each party.

The court was required to determine the specific terms for the division of the parties' assets, including a monetary payment from the husband to the wife, the sale of real estate, the transfer of a motor vehicle, and the division of household contents. The orders also addressed the ongoing responsibilities for the properties pending their sale and the distribution of sale proceeds.

The court ordered the husband to pay a sum of $583,247 to the wife within six weeks. If this payment was not made, the parties were to list and sell two properties, the E property and the K property, at the best reasonably obtainable price. The terms for listing, sale by private treaty or auction, pricing, and the division of sale expenses were detailed. The husband was also ordered to pay specific outgoings for the properties until settlement. Upon sale, proceeds were to be applied to sale expenses, legal costs, mortgage discharge, the wife's payment, and the balance to the husband. Further orders included the transfer of a motor vehicle to the wife and a specific process for dividing household contents, with each party bearing half the transportation costs. The court also stipulated that each party would retain other property in their possession, ownership, or control, and appointed a Registrar to execute documents if a party failed to do so.