SCHEDULE 1Registered leases tenanted in common

7Shared lease and sharing lease title sheets

The Keeper must also enter—

a

in the property section of the title sheet of each sharing lease, the quantum of the share which the tenant of that sharing lease has in the shared lease,

b

in the proprietorship section of that title sheet, in relation to the information required by section 7(1)(b), the respective share each sharing lease has in the shared lease,

c

in the securities section of the shared lease title sheet, a statement to the effect that the shared lease may be subject to a heritable security registered against a sharing lease,

d

in the burdens section of that title sheet, a statement to the effect that the shared lease may be subject to some other encumbrance so registered.