Section 58 — Land Transfer Act 1952: Interests outstanding to be notified in register
Text of the provision Official document
58 Interests outstanding to be notified in register Leases, mortgages, encumbrances, or other estates or interests affecting the estate of the proprietor at the time of bringing land under this Act (hereinafter called outstanding interests), shall, so far as the same are disclosed in the application or can otherwise be ascertained, be notified on the register in such manner as to preserve their priority, and shall thereafter, notwithstanding variation in form, be dealt with as if the same or corresponding interests had been originally created under this Act, and every dealing therewith shall imply all powers, conditions, and covenants incident to dealings in the like form with land under this Act. Compare: 1915 No 35 s 54
Official source: legislation.govt.nz
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