a tenant for life grants a lease for money in accordance with his powers (which is duly registered), and he then sells the property to a purchaser for value and the purchase money is paid to the two trustees. The lease will bind the purchaser.

Question

Quizplus · Accepted Answer

A lease granted by a tenant for life, in accordance with their powers and duly registered, creates legal rights and interests in the property that are binding on successors, including purchasers. The registration of the lease serves to notify subsequent purchasers of its existence, thereby protecting the lessee's rights even after the property is sold.

A Tenant for Life Grants a Lease for Money in Accordance