Brookfield Office Properties Inc T.BPO.PR.A

Corporation Crazy buys a property and gives Right-of-Way

[CrazyTrader]

to the neighbors to travel across the property.  You can say the Corportation "guarantees" a right-of-way.     Now the corportation sell the property to Pierre.

Pierre, who's responible to for honoring the right-of-way.   You didn't write/give the guarantee of right-of-way.... Corporation Crazy did.     You telling me you own the property now and not responsible for the right of way????

All just my opinion/view/thinking/trying to put it in a way you might understand.... but afraid I will fail to do so, given everything before.

[SONOFFERGUS]

Pierre, of course, the easement runs with the property. That is not the analogue.   Corporation Crazy (BPY) is sold to Corporation JFC (BN).  Who's responsible for honouring the right-of-way?

[CrazyTrader]

"bankruptcy, disolution, insolvancy or ANY REASON"...... can not void the easement.   If Corporation Crazy disolves, Corporation JFC will be responsible for honouring the right-of-way.   Easement (guarantee) continues. All just my opinion/view/thinking

[SONOFFERGUS]

Just no.  JFC is not a party to the agreement.