Bank of Nova Scotia v. Hotel Royal Dane

MEMORANDUM OPINION AND ORDER

Anthony J. Ayer, purchaser of the Hotel Royal Dane, moves this Court to declare as necessary expenses the costs for the extermination of termites and the repair of the roof of the subject hotel. Movant predicates this request on 5 V.I.C. § 499, wherein the Court is granted authority to restrain the commission of waste on the property on the application of the purchaser or judgment creditor. Im*127plicit within this provision, movant argues, is the fact that the purchaser, entitled, to possession of the property during the redemptionary period, may become liable in…