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StatuteProperty Law Act 2007

Section 198 — Property Law Act 2007: Registration of transfer instrument

Text of the provision Official document

198 Registration of transfer instrument (1) A transfer instrument for land under the Land Transfer Act 1952 , executed under section 196 , may be registered. (2) The Registrar-General must, on the registration of a transfer instrument executed under section 196 or on a transfer instrument being otherwise registered under that section, make any entry in the register that is necessary to show that every registered mortgage or encumbrance over the land referred to in section 197(1)(a) has been discharged. (3) Subsection (2) is subject to section 197(1)(b) . Compare: 1952 No 51 s 101(6)

Official source: legislation.govt.nz

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Statutory text from an official public source. Informational content — does not replace advice from a qualified lawyer.