110 Liability of transferee
encumbrance or lease, the estate or interest of the transferor, as set
out in the instrument, with all the rights, powers and privileges
RSA 2000
belonging or appertaining to it, passes to the transferee, and the
transferee becomes subject to and liable for all the same
requirements and liabilities to which the transferee would have
been subject and liable if named in the instrument.
RSA 1980 cL-5 s111