General conditions of particular leases
122 General conditions of particular leases
A part 10 lease, other than a townsite lease, may include any of the following conditions—
a stated standard terms document under the Land Title Act forms part of the lease;
the lease must not be transferred without the lessor’s prior written consent;
an interest under the lease, other than a mortgage of the lease, must not be created without the lessor’s prior written consent.
If a part 10 lease includes a condition mentioned in subsection (1)(b) or (c), the lessor must not unreasonably withhold consent to the transfer or the creation of an interest under the lease.
A part 10 lease may be mortgaged without the consent of the lessor.
Subject to subsection (3), this section does not limit the conditions that may be imposed on a part 10 lease.
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