131Obligation of lessor's covenants to run with reversion

131 Obligation of lessor's covenants to run with reversion (1) The obligation under a condition or of a covenant or other obligation entered into by a lessor touching and concerning the land: (a) is, if and to the extent that the lessor has power to bind the reversionary estate immediately expectant on the term granted by the lease, to be annexed and incident to and to go with the reversionary estate; and (b) may be taken advantage of and enforced by the person in whom the term is from time to time vested by conveyance, devolution in law or otherwise. (2) The obligation referred to in subsection (1) may, if and to the extent that the lessor has power to bind the person from time to time entitled to the reversionary estate, be taken advantage of and enforced against that person. (3) This section applies to: (b) a lease made before the commencement of this Act if, after that commencement, a breach of a condition, covenant or obligation of the lease is committed. (4) This section has effect without prejudice to any liability affecting a covenantor or the covenantor's estate.