Section 154 — Land Transfer Act 1952: Covenants for further assurance implied
Text of the provision Official document
154 Covenants for further assurance implied In every instrument charging, creating, or transferring any estate or interest under this Act there shall be implied the following covenants by the party charging, creating, or transferring that estate or interest to and with each and every person taking any estate or interest under that instrument— (a) That the (implied) covenantor will do all such acts as may be necessary on his part to give effect to all covenants, conditions, and purposes expressly set forth in the instrument or by this Act declared to be implied in instruments of a like nature: (b) That the (implied) covenantor will, at the request and cost of the person taking any estate or interest as aforesaid, execute all such further instruments as may be necessary for further and better assuring and perfecting the title of the last-mentioned person to the estate or interest expressed or intended to be granted, created, or transferred. Compare: 1915 No 35 s 164
Official source: legislation.govt.nz
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