The Act is organised in 25 Parts and 6 Schedules. Part 2 concerns General rules affecting property such as effect of repeal of Statute of Uses, lands lie in grant only, reservation of easements, etc. Part 3 is freehold estate. Part 4 covers future interests their creation and Power to dispose of all rights and interests in land. Part 5 regulates concurrent interest—co-ownership. This Part specifies that forms of co-ownership are any property and any interest, whether legal or equitable, in any property may be held by 2 or more persons (a)as joint tenants; or (b)as tenants in common. Part 6 encompasses deeds and covenants, sales of land, instalment of lands. Part 7 covers Mortgages. Part 8 Leases and tenancies regulating obligations, rights and powers, relief from forfeiture, termination, surrenders, assignments and waiver, Agricultural holdings, etc. Part 9 is repealed. Part 10 contains provisions on incorporeal hereditaments and appurtenant rights. Part 11 regulates encroachment and mistake. Part 11A specifically recognises the rights of way. Part 12 concerns equitable interests and things in action. Part 13 Powers of appointment. Part 14 is on perpetuities and accumulations. Part 15 Corporations. Part 16 regulates voidable dispositions such as voluntary conveyances to defraud creditors voidable and voluntary disposition of land how far voidable as against purchasers. Part 17 Apportionment of rents, annuities, dividends, and other periodical payments. Part 18 concerns unregistered land providing discipline for sales and conveyance, registration of deeds. This Part also establishes as a rule the progressive registration of unregistered land. Part 19 regulates Property within the context of a de facto relationships.
澳大利亚 · 1974-11-01