Section 52Part 9 — Trustees
Notice to trustees
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A tenant for life, when intending to make a sale, exchange, partition, lease, mortgage or charge shall give notice of his intention in that behalf to each of the trustees of the settlement, by posting registered letters, containing the notice, addressed to the trustees, severally, each at his usual or last known place of abode in the Islands, and shall give like notice to the attorney-at-law for the trustees, if any such attorney-at-law is known to the tenant for life, by posting a registered letter containing the notice, addressed to the attorney-at-law at his place of business in the Islands, every letter under this section being posted not less than one month before the making by the tenant for life of the sale, exchange, partition, lease, mortgage or charge, or of a contract for the same. The notice by this section required may be a notice of a general intention in that behalf.
Provided that at the date of notice given the number of trustees shall not be less than two, unless a contrary intention is expressed in the settlement.
A person dealing in good faith with the tenant for life is not concerned to inquire respecting the giving of any such notice as is required by this section.
The tenant for life is, upon request by a trustee of the settlement, to furnish to him such particulars and information as may reasonably be required by him, from time to time, with reference to sales, exchanges, partitions or leases effected, or in progress, or immediately intended.
Any trustee, by writing under his hand, may waive notice either in any particular case, or generally, and may accept less than one months' notice.
Defined Terms
tenant for lifetrusteessettlement