s.94Profits
94
Section 94Part 5Dispositions

Profits

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94. (1) The proprietor of land or a lease may, by an instrument in the prescribed form, grant a profit. Registered Land Law Section 95 c Revised as at 28th day of February, 2018 Page 47
The instrument shall indicate clearly the nature of the profit, the period for which it is to be enjoyed and —
whether it is to be enjoyed in gross, or as appurtenant to other land or a lease; and
whether it is to be enjoyed by the grantee exclusively or by him in common with the grantor.
The grant of a profit shall be completed —
by its registration as an incumbrance in the register of the land or lease which it affects;
where it is appurtenant to other land or a lease, by its registration in the property section of the register of the land or lease to which it is appurtenant; and
by filing the instrument.
A profit which is not appurtenant to land may be dealt with as though it were land.
A profit granted by the proprietor of a lease shall be capable of subsisting only during the subsistence of a lease.