Queensland Consolidated Acts

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PARTNERSHIP ACT 1891 - SECT 25

25 Conversion into personal estate of land held as partnership property

(1) If land has become partnership property, unless the contrary intention appears, it is to be treated as between the partners (including the representatives of a deceased partner), and also as between the representatives of a deceased partner, as personal and not real estate.

(2) This section does not apply in relation to an incorporated limited partnership.



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