Read the full judgment text of CACV 000147/2007 on BabelCite. This Court of Appeal judgment was delivered on 7 December 2007.
1. The plaintiff and the defendant are the joint owners of a property known as Flat B, 12 th Floor, Tak Wai Building, No. 25, Cheung Lok Street, Kowloon, Hong Kong (‘the property’). The parties are registered as ‘joint tenants’ of the property. The property was bought in 1998 for the sum of $2,380,000. It was financed by a bank loan of $1,666,000. According to the parties the current value of the property is estimated at about $2,300,000. According to the plaintiff the outstanding loan is a
Cited by 2 cases · Cites 1 case