152
In forceCovenants implied in transfer of lease
Part 12Mortgages, encumbrances, and discharges
152 Covenants implied in transfer of lease
In every transfer of a lease there shall be implied a covenant by the transferee with the transferor, thenceforth to pay the rent by the lease reserved, and to perform and observe all the covenants in the lease contained or by this Act declared to be implied therein on the
part of the lessee to be performed and observed, and to indemnify and keep harmless the transferor against all actions, claims, and expenses in respect of the non-payment of such rent, or the breach or non-observance of such covenants or any of them.
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