BILL 78
An Act to Amend the
Land Titles Act
Her Majesty, by and with the advice and
consent of the Legislative Assembly of New Brunswick, enacts as follows:
1 The
Land Titles Act, chapter L-1.1 of the Acts of New Brunswick, 1981,
is amended by adding after section 48 the following:
Conditions and covenants
in a transfer
48.1(1) The Registrar General shall, upon the filing with him of an application
in the prescribed form, assign a number to a condition or covenant
to which no number has previously been assigned.
48.1(2) The owner of registered land may designate in the appropriate
place in a transfer the number that has been assigned by the Registrar
General to a condition or covenant.
48.1(3) Where a transfer containing a condition or covenant has been
registered, it is not necessary to repeat the condition or covenant
in any subsequent transfer.