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PROPERTY LAW ACT 1974 - SECT 118
Obligation of lessor’s covenants to run with reversion
118 Obligation of lessor’s covenants to run with reversion
(1) The obligation under a condition or of a covenant or other obligation
entered into by a lessor touching and concerning the land shall, if and as far
as the lessor has power to bind the reversionary estate immediately expectant
on the term granted by the lease, be annexed and incident to and shall go with
that reversionary estate, or the several parts of the reversionary estate,
despite severance of that reversionary estate, and may be taken advantage of
and enforced by the person in whom the term is from time to time vested by
conveyance, devolution in law, or otherwise, and, if and as far as the lessor
has power to bind the person from time to time entitled to that reversionary
estate, the obligation may be taken advantage of and enforced against any
person so entitled.
(2) This section applies to— (a) leases made after the
commencement of this Act; and
(b) leases made before the commencement of this
Act so far only as relates to breaches of covenant committed after the
commencement of this Act.
(3) This section takes effect without prejudice to
any liability affecting a covenantor or the covenantor’s estate.
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