Interest of person not named in indenture, deed purporting to be indenture
14(1)Under an indenture executed after July 1, 1904, an immediate estate or interest in any land, and the benefit of a condition or covenant respecting any land, may be taken although the taker thereof is not named a party to the indenture.
14(2)A deed purporting to be an indenture shall have the effect of an indenture, although not actually indented.