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SETTLED LAND ACT 1882 - SECT 4

Regulations respecting sale, enfranchisement, exchange, and partition.

4.(1) Every sale shall be made at the best price that can reasonably be
obtained.

(2) Every exchange and every partition shall be made for the best
consideration in land or in land and money that can reasonably be obtained.

(3) A sale may be made in one lot or in several lots, and either by auction or
by private contract.

(4) On a sale the tenant for life may fix reserve biddings and buy in at an
auction.

(5) A sale, exchange, or partition may be made subject to any stipulations
respecting title, or evidence of title, or other things.

(6) On a sale, exchange, or partition, any restriction or reservation with
respect to buildings on or other user of land, or with respect to mines and
minerals, or with respect to or for the purpose of the more beneficial working
thereof, or with respect to any other thing, may be imposed or reserved and
made binding, as far as the law permits, by covenant, condition, or otherwise,
on the tenant for life and the settled land, or any part thereof, or on the
other party and any land sold or given in exchange or on partition to him.

(7) An enfranchisement may be made with or without a re-grant of any right of
common or other right, easement, or privilege theretofore appendant or
appurtenant to or held or enjoyed with the land enfranchised, or reputed so to
be.

Transfer of incumbrances on land sold, &c.

© 1882 Crown Copyright

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