32 Registration of estate
to the person from whom the owner claims a title, for a life or for
lives, or for a term of more than 3 years, in any land for which the
grant from the Crown has been registered, may apply to have the
owner's title registered and to have a certificate of title issued for it
to the owner under this Act.
(2) A certificate of title issued for a leasehold or life estate is, by
implication and without any special mention in the certificate of
title, subject to all instruments and caveats registered against the
certificate of title from which the estate is derived prior to the
registration of the instrument creating the leasehold or life estate.
RSA 1980 cL-5 s35;1985 c48 s2(11);1988 c27 s22