Santos v Stephenson
[2020] NSWSC 90
At a glance
Source factsCourt
Supreme Court of NSW
Decision date
2020-02-14
Before
Parker J
Catchwords
- EQUITY - equitable interest in property - agreement for equal ownership of property - not recorded on title - contributions to property -- account for share of proceeds of sale
Source
Original judgment source is linked above.
Catchwords
Judgment (3 paragraphs)
Judgment - EX TEMPORE Revised and reissued 19 February 2020
- These proceedings arise out of a family dispute concerning the proceeds of sale of a property at Rooty Hill in Western Sydney.
- The plaintiff, Lourdes Santos, is the aunt of the defendant, Olga Stephenson. The property which is the subject of the dispute was acquired in Ms Stephenson's name in December 2008, and was sold by her in May 2017 netting a profit of several hundred thousand dollars. Ms Santos lived in the property throughout and contributed to the mortgage costs and other expenses. In these proceedings, she claims that as a result of arrangements agreed at the time the property was acquired, she was entitled to half the "equity" in the property, and thus is entitled to half of the surplus on the sale.
- The critical issue is whether in fact the parties agreed for Ms Santos to have a half share in the property. There was no defence based on the statute of frauds or indefeasibility. Counsel for Ms Stephenson accepts that if Ms Santos' allegations are sustained on the facts, she would be entitled to equitable relief in the nature of an account.
- Should Ms Santos succeed in establishing the agreement for which she contends, potentially a number of different equitable doctrines could be engaged. There would also be a question as to the precise nature of the relief to which Ms Santos would be entitled. I will address these questions should Ms Santos succeed on the factual issue in the case.