Radiocommunications Act 1989

Mortgages

83: No contracting out

You could also call this:

"Your rights are protected, no matter what your agreement says"

Illustration for Radiocommunications Act 1989

You have rights under sections 79 to 82. These rights apply even if your mortgage or agreement says something different. The law says these sections are more important than what your mortgage or agreement says.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM197141.

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82: Restriction on action to recover deficiency, or

"Protection from paying leftover debt after property sale"


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84: Application of purchase money, or

"How sale money is used to pay debts and costs"

Part 9Mortgages

83No contracting out

  1. Sections 79 to 82 shall have effect notwithstanding any provision to the contrary in any mortgage or other agreement.