Statute
Section 288 — Property Law Act 2007: Covenants implied in encumbrances of property
Text of the provision Official document
288 Covenants implied in encumbrances of property (1) An instrument that creates an encumbrance over property contains the implied covenants in Part 4 of Schedule 4. (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 the encumbrance: (b) all persons through whom that person derives title otherwise than by purchase for valuable consideration: (c) all persons who claim or may claim through, under, or in trust for any person referred to in paragraph (a) or (b). Compare: 1952 No 51 s 72
Official source: legislation.govt.nz
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