Section 293 — Property Law Act 2007: Easements, etc, granted for fixed term: benefits
Text of the provision Official document
293 Easements, etc, granted for fixed term: benefits (1) This section applies only after a person (the grantor ) has made a grant, for a fixed term, of an easement, and only to— (a) the benefits, to the grantor, from the easement; and (b) any right of the grantor to terminate the grant. (2) The benefits and right to which this section applies— (a) are attached to the estate in the land out of which the easement was granted; and (b) may be exercised or enforced by the person for the time being entitled to the income of that land. (3) Subsection (2)(b) applies even though a benefit or right to which this section applies first became exercisable, or accrued, before the time at which the person entitled to the income of that land became so entitled. (4) However, nothing in this section permits a person entitled to the income of that land to exercise or enforce a benefit or right after it is waived, or after the person against whom it was exercisable or enforceable is released from the obligation giving rise to it.
Official source: legislation.govt.nz
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