Section 68 Land Registration Law (LRL) Lagos State 2015

Section 68 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows:

(1) When the Registrar receives a duly executed release of restrictive covenant in the prescribed form, any restrictive covenant registered shall be cancelled and cease to have effect.

(2) The Registrar may effect cancellation in subsection (1) of this Section on proof by the applicant that-
(a) the period of time for which it was intended to subsist has expired;
(b) the event on which it was intended to determine has occurred; or
(c) it has been abandoned.

(3) A court may, on the application by any person interested in the land affected by a restrictive covenant, order it to be stopped or modified in whole or in part of a restrictive covenant after the applicant has paid to persons who would suffer loss by such an application if it is satisfied that –
(a) by reason of changes in the character of the property or of the neighbourhood, the restrictive covenant is deemed obsolete;

(b) the continued existence of the restrictive covenant would impede the reasonable use of the land for public or private purposes;

(c) it would not be beneficial to other persons;
(d) unless modifications are made, it would impede the use of the land; or
(e) it would not adversely affect other persons entitled to the benefit of the restrictive covenant.

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See also  Section 29 Wills Act 1837

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