Statute
Section 88 — Property Law Act 2007: Priority extends to advances for protection and realisation of security
Text of the provision Official document
88 Priority extends to advances for protection and realisation of security The priority of a mortgage over property, in relation to any subsequent mortgage over the property, extends to all amounts paid or advanced for all or any of the purposes referred to in section 87(1) and to the interest referred to in section 87(2).
Official source: legislation.govt.nz
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