Beyond 50/50: How Parkas v Shankar [2025] NSWSC 1140 Reshapes Co-Ownership Accounting
Parkas v Shankar [2025] NSWSC 1140 provides a recent and clear summary of the principles governing co-ownership accounting and equitable allowances between co-owners, particularly regarding claims for improvements or repairs that enhance a property’s value. The decision explores differing judicial views on whether a co-owner may receive an allowance for time personally spent carrying out …
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