Wallis v Rudek [2020] NSWCA 207

Court of Appeal Supreme Court New South Wales Medium Neutral Citation: Wallis v Rudek [2020] NSWCA 207 Hearing dates: 29 May 2020 Date of orders: 7 September 2020 Decision date: 07 September 2020 Before: White JA at [1]; Emmett AJA at [11]; Simpson AJA at [119] Decision: Order that: 1. The appeal is dismissed. 2. The Appellants are to pay the Respondent's costs of the appeal. Catchwords: EQUITY — Equitable interest in property – Family arrangement — Transferee pays off mortgage on property — Equity in property exceeds amount owing — Transferor permitted to remain in property – licence agreement not signed — Relationship breakdown – Baumgartner v Baumgartner equity — Equitable compensation granted. EQUITY — Equitable remedies — Specific performance — Estoppel — Determination of existence and content of underlying contractual terms. EQUITY — Equitable remedies — Equitable compensation — Assessment — Valuation of property for purposes of assessment. Legislation Cited: Nil Cases Cited: Baumgartner v Baumgartner (1987) 164 CLR 137; [1987] HCA 59 Calderbank v Calderbank [1976] Fam 93; (1975) 3 All ER 333 Muschinski v Dodds (1985) 160 CLR 583; [1985] HCA 78 Texts Cited: Nil Category: Principal judgment Parties: Yuri Wallis (First Appellant) Olga Wallis (Second Appellant Suzanne Rudek (Respondent) Representation: Counsel: B Oliak (Appellants) J Bennett (Respondent)