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StatuteProperty Law Act 2007

Section 25 — Property Law Act 2007: Writing required for certain dispositions of interests in land

Text of the provision Official document

25 Writing required for certain dispositions of interests in land (1) A disposition of any of the following must be in writing and signed by the person making the disposition: (a) an existing interest in land acquired by taking possession of the land: (b) an existing legal or equitable interest in land: (c) an existing equitable interest in a mixed fund consisting partly of land and partly of other property. (2) A trust must be created in writing and signed by the settlor if— (a) it relates to land; and (b) it is to take effect in the lifetime of the settlor. (3) This section does not apply to a short-term lease. (4) This section does not affect— (a) the creation or operation of a resulting, implied, or constructive trust; or (b) the making or operation of a will; or (c) the disposition of any interest in land by operation of law. Compare: 1952 No 51 s 49A

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.