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(1)A land obligation specified in a deed executed after the commencement of this Act under section 32 of the [1874 c. 94.] Conveyancing (Scotland) Act 1874 (deeds of conditions etc.) shall—
(a)on the recording of such deed in the Register of Sasines ;
(b)on the obligation being registered,
become a real obligation affecting the land to which it relates, unless it is expressly stated in such deed that the provisions of this section are not to apply to that obligation.
(2)In this section "land obligation" has the meaning assigned to it by section 1(2) of the [1970 c. 35.] Conveyancing and Feudal Reform (Scotland) Act 1970.
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