DISTRICT COURT OF QUEENSLAND
CITATION: Duncan v Duncan [2017] QDC 243 PARTIES: STUART CRAIG DUNCAN
(applicant) v
MAXWELL SCOTT DUNCAN
(respondent)
FILE NO/S: D50/2017 DIVISION: Civil PROCEEDING: Application ORIGINATING COURT: District Court, Mackay
DELIVEREDON: 10 October 2017 DELIVEREDAT: Mackay HEARINGDATE: 25 and 28 September 2017, 4 and 6 October 2017 JUDGE: Smith DCJA ORDER: 1. Pursuant to Section 38 of the Property Law Act 1974
(Q) SV Partners Insolvency (Qld) Pty Ltd Chartered Accountants located on 1st Floor corner Gordon and Sydney Streets, Mackay Queensland be appointed as Trustee for Sale of the real property at 99 Lelona Drive, Bloomsbury Queensland 4799 described as lot
62 on RP740624 title reference 21302012 (“the Property”) and that the property vest in the Trustee for the purposes of sale.
2. That the Trustee be entitled to sell the property by such method as it deems appropriate in the circumstances including but not limited to sale by auction or by private treaty.
3. That in the event of sale by private treaty the Trustee shall determine the appropriate marketing of the property including listing price from time to time, the appointment of any agent or agents for the sale of the property and the terms and conditions of such appointment or appointments.
4. That in the event of the sale by auction:
(a) The Trustee shall determine the appropriate marketing campaign for the property including a marketing budget for advertising, the appointment of any agent or agents for the sale of the property and the terms and conditions of such appointment or appointments;
(b) The Trustee shall determine the reserve price for the auction after consultation with the auctioneer and considering any recommendation by the auctioneer;
(c) The Trustee may but is not obliged to obtain a valuation of the property if he deems that appropriate for the purposes of assistance in the determination of the reserve price at any auction.
5.That the Trustee is authorised to expend money on the property in preparation for its sale using the recommendation of any agent in that regard, and for its marketing or advertising and that the amount of such expenditure be paid for by the co-owners of the
property in the proportions set out at l l(e)(i)- (vi) below.
6.That pending sale the co-owners shall pay or cause to be paid in the proportions set out at 11(e)(i)–(vi) all outgoings on the property including rates, local authority charges, body corporate charges (if any) and maintain adequate fire and general insurance on the property and provide evidence of same to the Trustee as requested by him from time to time.
7.That the Respondent will vacate the property within two months from the date of this order and provide the keys to the property (if any) to the Trustee in preparation for sale.
8.That the Trustee is hereby indemnified by the owners or co-owners of the property against any claims made against them upon becoming registered owners as trustee on title, consequent upon a failure to pay…
Continue reading Duncan v Duncan
Sign in free to access the full text
- AGLC
- Duncan v Duncan [2017] QDC 243
- Case
- [2017] QDC 243
- Decision Date
CaseChat Overview and Summary
The legal issues before the court centred on whether the appointment of a statutory trustee for the sale of the property was warranted and whether the terms of the sale, including the method and marketing strategies, were appropriate. The applicant argued that the property should be sold to resolve financial disputes between the parties, while the respondent contested the necessity and terms of the sale. The court had to weigh the statutory provisions and relevant case law to decide on the appropriate course of action.
The court examined the statutory framework and relevant case law, such as Goodwin v Goodwin and Wilson v Strzelcykowski & Ors. It concluded that the appointment of a statutory trustee was necessary to resolve the financial impasse between the parties and that the terms for the sale, including marketing strategies and sale methods, were appropriate. The court found that vesting the property in a trustee for sale and allowing the trustee to determine the sale method and marketing strategies was in the best interest of all parties involved.
The court ordered that SV Partners Insolvency (Qld) Pty Ltd Chartered Accountants be appointed as the Trustee for Sale of the property. The Trustee was granted the authority to sell the property by auction or private treaty and to determine the marketing strategies and terms of sale. The court's decision provided a clear pathway for the resolution of the financial disputes through the sale of the property, ensuring a fair and efficient process for all parties.
Orders
Orders of the court
1. Pursuant to Section 38 of the Property Law Act 1974
(Q) SV Partners Insolvency (Qld) Pty Ltd Chartered Accountants located on 1st Floor corner Gordon and Sydney Streets, Mackay Queensland be appointed as Trustee for Sale of the real property at 99 Lelona Drive, Bloomsbury Queensland 4799 described as lot
62 on RP740624 title reference 21302012 (“the Property”) and that the property vest in the Trustee for the purposes of sale.
2. That the Trustee be entitled to sell the property by such method as it deems appropriate in the circumstances including but not limited to sale by auction or by private treaty.
3. That in the event of sale by private treaty the Trustee shall determine the appropriate marketing of the property including listing price from time to time, the appointment of any agent or agents for the sale of the property and the terms and conditions of such appointment or appointments.
4. That in the event of the sale by auction:
(a) The Trustee shall determine the appropriate marketing campaign for the property including a marketing budget for advertising, the appointment of any agent or agents for the sale of the property and the terms and conditions of such appointment or appointments;
Background
Background to the litigation
Full text does not contain this section.
Evidence
Evidence Before The Court
Full text does not contain this section.
Decision
Reasons for decision
Full text does not contain this section.
Ratio Decidendi
Legal Principle Established
Full text does not contain this section.