42Estate of registered proprietor paramount

#### 42 Estate of registered proprietor paramount 42 Estate of registered proprietor paramount > > (1) Notwithstanding the existence in any other person of any estate or interest which but for this Act might be held to be paramount or to have priority, the registered proprietor for the time being of any estate or interest in land recorded in a folio of the Register shall, except in case of fraud, hold the same, subject to such other estates and interests and such entries, if any, as are recorded in that folio, but absolutely free from all other estates and interests that are not so recorded except— > > > > > (a) the estate or interest recorded in a prior folio of the Register by reason of which another proprietor claims the same land, > > > > > (a1) in the case of the omission or misdescription of an easement subsisting immediately before the land was brought under the provisions of this Act or validly created at or after that time under this or any other Act or a Commonwealth Act, > > > > > (b) in the case of the omission or misdescription of any profit à prendre created in or existing upon any land, > > > > > (c) as to any portion of land that may by wrong description of parcels or of boundaries be included in the folio of the Register or registered dealing evidencing the title of such registered proprietor, not being a purchaser or mortgagee thereof for value, or deriving from or through a purchaser or mortgagee thereof for value, and > > > > > (d) a tenancy whereunder the tenant is in possession or entitled to immediate possession, and an agreement or option for the acquisition by such a tenant of a further term to commence at the expiration of such a tenancy, of which in either case the registered proprietor before he or she became registered as proprietor had notice against which he or she was not protected— > > > > > > Provided that— > > > > > > > (i) The term for which the tenancy was created does not exceed three years, and > > > > > > > (ii) in the case of such an agreement or option, the additional term for which it provides would not, when added to the original term, exceed three years. > > > > > > > (iii) (Repealed) > > > (2) In subsection (1), a reference to an estate or interest in land recorded in a folio of the Register includes a reference to an estate or interest recorded in a registered mortgage, charge or lease that may be directly or indirectly identified from a distinctive reference in that folio. > > > (3) This section prevails over any inconsistent provision of any other Act or law unless the inconsistent provision expressly provides that it is to have effect despite anything contained in this section. > > **s 42:** Am 1930 No 44, sec 38 (a); 1970 No 23, sec 10 (k); 1979 No 164, Sch 10 (12); 1987 No 243, Sch 1 (5); 1995 No 71, Sch 2 \[1\] \[2\]; 2009 No 17, Sch 1 \[2\].