Section 284 — Property Law Act 2007: Covenants implied in instruments creating, transferring, or assigning estates or interests in land
Text of the provision Official document
284 Covenants implied in instruments creating, transferring, or assigning estates or interests in land (1) An instrument contains the implied covenants in Part 1 of Schedule 4 if the instrument is one that, for valuable consideration,— (a) creates an estate or interest in land, other than an encumbrance or a leasehold estate or interest; or (b) transfers or assigns (otherwise than by way of encumbrance only) an estate or interest in land. (2) The covenants implied in an instrument by this section relate only to acts and omissions by the following people: (a) the person who creates, transfers, or assigns the estate or interest; and (b) all persons through whom that person derives title otherwise than by purchase for valuable consideration; and (c) all persons who claim or may claim through, under, or in trust for a person referred to in paragraph (a) or (b). (3) This section is subject to section 286 . Compare: 1952 No 51 s 72
Official source: legislation.govt.nz
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