Section 48 Property and Conveyancing Law of the Western Region of Nigeria 1959

Section 48 of the Property and Conveyancing Law of the Western Region of Nigeria 1959 is about Acceptance of leases. It provides as follows:

(1) The trustees for sale may accept a lease of any land, or of any easement,
right or privilege, convenient to be held or annexed in enjoyment to the trust land,
or any part thereof, for such period and upon such terms and conditions as the
trustees think fit.

(2) The lease may contain an option to purchase the reversion expectant on the term thereby granted.