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Acquisition by owner of fee-farm rent of part of land charged with such rent to operate as an extinguishment of an apportioned part of such rent. 16. Where any fee-farm rent shall be charged upon any lands by any grant made under this Act, the acquisition of a part of such lands by the person entitled to such fee-farm rent, whether such acquisition shall be by descent, by purchase, or by escheat, shall operate so as to extinguish only a proportionate part of the rent to which such person shall be entitled, and the remaining part of such rent shall be recoverable out of the residue of such lands, in the same manner as the whole rent would have been recoverable if such acquisition had not been made; and in such case such fee-farm rent shall be apportioned by the agreeement of the persons interested, and, in default thereof, according to the relative amounts of the value of the land so acquired and the value of the residue of such lands, in the same manner as rent-service is now by law apportionable upon an alienation of the reversion in part of the lands.
© 1849 Crown Copyright
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URL: http://www.bailii.org/nie/legis/num_act/rlca1849293/s16.html