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As to Purchase by the Lord in certain Cases.
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XXV. With respect to any Land proposed by any Tenant to be enfranchised under this Act, in case the Lord shall show to the Satisfaction of the Commissioners that any Change in the Condition of such Land, which but for this Act would or might have been prevented by the Incidents or Conditions of the Tenure thereof, will prejudicially affect in Enjoyment or Value the Mansion House, Park, Gardens, or Pleasure Grounds of such Lord, and in case such Lord shall by Writing under his Hand offer to purchase the Tenant’s Interest in such Land so proposed to be enfranchised, and shall give Notice to the Tenant of such Offer, then, unless the Tenant, shall accept such Offer within Twenty-eight Days after receiving Notice thereof, such Land shall remain unenfranchised, unless the Commissioners shall think fit to impose such Terms and Conditions, in case of Enfranchisement, as shall in their Judgment be sufficient to protect the Interests of the Lord; and in case the Tenant shall within Twenty-eight Days as aforesaid signify in Writing to the Commissioners his Acceptance of the said Offer, such Offer by the Lord and Acceptance by the Tenant shall be binding both upon Lord and Tenant; and in case the Lord and Tenant shall not within such Time as the Commissioners shall limit agree on the Value of the Rights and Interest of the Tenant, it shall be lawful for the Commissioners to appoint a Valuer for the Purpose of ascertaining such Value, or to refer the same to the Valuers, if any, then acting in the Enfranchisement; and all the Costs, Charges, and Expenses of such Valuation and attending such Purchase shall be borne by the Lord; and when such Value shall have been agreed upon or ascertained as aforesaid the Commissioners shall issue a Certificate under their Hands and Seal, which shall state the Land which shall have been sold to the Lord, and the Consideration Money for the same, and shall declare that upon Payment of the Consideration Money therein mentioned within a Time to be therein limited such Land shall at the Time of such Payment be surrendered or released by the Tenant (at the Expense of the Lord) to the Lord, and thereupon such Land shall vest in such Lord accordingly: Provided always, that in case such Consideration Money shall not be paid within The Time limited by the Commissioners, or within such further Time as the Commissioners may have granted in that Behalf, and it shall appear to the Commissioners that the same shall have remained unpaid by the Default of the Lord, it shall be lawful for the Commissioners to cancel such Certificate, and such Enfranchisement, may be proceeded with as if such Offer and Acceptance, as aforesaid had not been made, and all Costs which the Commissioners shall certify to have been incurred by the Tenant in consequence of such Offer, Acceptance, and Default shall be paid by the Lord to the Tenant.
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