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StatuteProperty Law Act 2007

Section 274 — Property Law Act 2007: Administrator not personally liable

Text of the provision Official document

274 Administrator not personally liable (1) This section applies to an administrator of the estate of a person who, at the time of that person’s death, was liable to— (a) pay the rent payable under a lease; or (b) observe or perform any covenant of the lessee. (2) An administrator to whom this section applies is liable to pay that rent, or to observe or perform that covenant, only if, and if so only to the extent that, assets of the estate are available in the administrator’s hands for that purpose. Compare: 1952 No 51 s 116

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.