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TRANSFER OF LAND ACT 1893 - SECT 82

TRANSFER OF LAND ACT 1893 - SECT 82

82 .         Transfers

        (1)         The proprietor of land or of a lease mortgage or charge or of any estate right or interest therein respectively may transfer the same by a transfer in an approved form.

        (1A)         Upon the registration of the transfer the estate and interest of the proprietor as set forth in such instrument or which he shall be entitled or able to transfer or dispose of under any power with all rights powers and privileges thereto belonging or appertaining shall pass to the transferee; and such transferee shall thereupon become the proprietor thereof and whilst continuing such shall be subject to and liable for all and every the same requirements and liabilities to which he would have been subject and liable if he had been the former proprietor or the original lessee mortgagee or annuitant.

        (2)         Where the consideration for a transfer is not a sum of money, the true consideration shall be concisely stated.

        [Section 82 amended: No. 17 of 1950 s. 20; No. 81 of 1996 s. 56; No. 6 of 2003 s. 30; No. 19 of 2010 s. 51.]