Section Sch6-7 — Property Law Act 2007: Covenants for the production of title deeds

7 Covenants for the production of title deeds (1) In a conveyance of land by way of sale, mortgage, marriage settlement, or lease, and in every other conveyance of land for valuable consideration, there is implied a covenant for production of title deeds in the terms set out in subclause (2). (2) The conveying party covenants with the grantee that, unless prevented by fire or other inevitable accident,— (a) at the request and cost of the grantee, the conveying party will produce to the grantee, as the grantee may direct, within New Zealand, all registered deeds and instruments or evidences of title in the possession of the conveying party relating to the land conveyed (whether or not they relate also to other land); and (b) in the meantime the conveying party will keep those deeds, instruments, and evidences of title safe, whole, and uncancelled. (3) The covenant for production of title deeds runs with the land, so as to bind only the person for the time being entitled to the possession of the deeds, instruments, or evidences of title. (4) In this clause,— conveying party includes the conveying party’s assigns grantee includes the grantee’s assigns. Compare: 1952 No 51 s 72