CCQ-1992 - Act respecting the implementation of the reform of the Civil Code

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136. Transfers of present and future rents produced by an immovable, and transfers of indemnities provided by the insurance contracts covering the rents, become immovable hypothecs; they rank according to the date of registration of the acts in which they are contained, unless they have a different rank under the former legislation. Any such transfer not contained in an act entered either in the index of immovables in territory with a cadastral survey or in the index of names in territory without a cadastral survey requires, to conserve its rank, renewal of registration or registration, as the case may be, in the land register before 27 February 1996; the renewal or registration are effected by notice.
Transfers by bill of lading become conventional hypothecs and conserve their initial rank, provided they are registered before 27 February 1996.
1992, c. 57, s. 136; 1995, c. 33, s. 1.
136. Transfers of present and future rents produced by an immovable, and transfers of indemnities provided by the insurance contracts covering the rents, become immovable hypothecs; they rank according to the date of registration of the acts in which they are contained, unless they have a different rank under the former legislation.
Transfers by bill of lading become conventional hypothecs and conserve their initial rank, provided they are published within 30 days after the notice of the Minister of Justice provided for in section 162.
1992, c. 57, s. 136.