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C-64 - Constitut or Tenure System Act

Section 11
Disposition versions

Full text
11. The order of the Court fixing the sale price obliges the proprietor or his agent to give a title deed of ownership in favour of the lessee or holder, within sixty days from the date of the order, upon payment of the price fixed by it. It also obliges the lessee or holder to purchase the immoveable if the price fixed is not higher than the sum offered under sections 2 and 3. If the price is higher than the offer, the lessee, or holder may, at his option, within thirty days after its decision is rendered, surrender his right to purchase or declare that he agrees to buy the immoveable at the price. When the lessee or holder surrenders his right to purchase, he shall be liable for the costs and damages.
R. S. 1964, c. 322, s. 11; 1973, c. 38, s. 127.
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