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High Court Wellington
4 November 1974
Cooke J
4 November 1974
Cooke J
Landlord and tenant — Covenants running with land — Option to purchase freehold not running with land — Option to purchase unless restricted to original grantee may be assigned. Burden of option does not pass to assignee of grantor.
Property law — Real property and chattels real — Lease with right of purchase — Assignment of right of purchase valid unless right restricted to original grantee — Original lease assigning "all its right and interest in the Lease".