Section 182 — Property Law Act 2007: Sale together with other property at single price

182 Sale together with other property at single price (1) A mortgagee or receiver who is entitled to sell mortgaged property may sell the whole or any part of the property, together with other property that is the subject of any collateral security from the current mortgagor to the mortgagee, at a single price. (2) The mortgagee or receiver must, in a case referred to in subsection (1), fairly and equitably apportion all expenses and purchase money between the properties. (3) However, any failure by the mortgagee or receiver to make an apportionment under subsection (2) does not affect the purchaser or the purchaser’s interest in the property. Compare: 1952 No 51 s 97