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DUTIES ACT 2000 - SECT 262 Execution of instruments

DUTIES ACT 2000 - SECT 262

Execution of instruments

For the purposes of this Act, an instrument described in column 1 of the Table is taken to be executed when it is executed by the parties specified in column 2 opposite that instrument.

TABLE

Column 1

Instrument type

Column 2

Executing parties

Transfer of land under the Transfer of Land Act 1958

Transferor and transferee

Conveyance of land (general law)

Grantor

Transfer of marketable securities

Transferor and transferee

Mortgage

Mortgagor or person who gives the mortgage

Lease

Lessor and lessee (whether both execute the original lease or one executes the original and the other executes a counterpart)

Assignment of lease

Assignor

Declaration of trust

Settlor



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