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The Pamphlet Collection of Sir Robert Stout: Volume 66

Provisions as to Transfers, Sub-Leases, and Sales by Mortgage

Provisions as to Transfers, Sub-Leases, and Sales by Mortgage.

Leases may be transferred or sub-let, but the limits as to area of land owned or occupied have to be complied with by the new holder.

Surrenders of leases are permitted with the consent of the Land Board.

Leased lands may be resumed for public purposes on payment of compensation to be fixed by arbitration, a proportional abatement of rent being allowed.