Section 68 — Property Law Act 2007: Voluntary waste or equitable waste by life tenant or lessee

68 Voluntary waste or equitable waste by life tenant or lessee (1) A life tenant or a lessee of land is liable in damages for the tort of voluntary waste and the tort of equitable waste to the person entitled to the reversion or remainder expectant on the estate for life or the lease. (2) Subsection (1) applies unless the liability is excluded by an express or implied term of the grant of the estate for life or the lease. (3) However, liability for equitable waste— (a) is not excluded by the exclusion of waste or voluntary waste; but (b) is excluded only if expressly excluded.