S-8 - Act respecting the Société d’habitation du Québec

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94.2. (Repealed).
1979, c. 48, s. 126; 1999, c. 40, s. 273; 2002, c. 2, s. 18.
94.2. The Société may substitute itself for any person who offers or agrees to purchase in good faith an immovable situated on any of lots 388 to 390, 392 to 397, 400, 403 to 410, 417 to 421, 423 to 425, 427, 429, 433, 436, 438, 440 to 449, 452 to 454, 456, 458, 502, 507, 509, 511 to 514, 516 to 518, 521, 524 to 531, 533, 534, 536, 538, 539, 541, 542, 552, 554, 559, 563 to 566, 569, 570 and 572 to 574 of the official subdivision of original lot 159 and on lots 405, 406, 434 and 459 of the official subdivision of original lot 160, in the official cadastre of the parish of Saint-Martin in the registration division of Laval.
The owner of such immovable must inform, in writing, the Société of any offer to purchase or sell such immovable. The Société has 30 days from the receipt of such notice to make known its decision as to availing itself of its right of pre-emption.
If the Société waives its right of pre-emption, it must forward to the prospective acquirer, on the expiry of the 30 days, a declaration evidencing its waiver in accordance with the rules of publication.
The registrar must refuse to publish any act or agreement not accompanied with such waiver, unless the Société purchases such immovable.
The Société may request the cancellation of a sale made in contravention to this section.
1979, c. 48, s. 126; 1999, c. 40, s. 273.
94.2. The Corporation may substitute itself for any person who offers or agrees to purchase in good faith an immoveable situated on any of lots 388 to 390, 392 to 397, 400, 403 to 410, 417 to 421, 423 to 425, 427, 429, 433, 436, 438, 440 to 449, 452 to 454, 456, 458, 502, 507, 509, 511 to 514, 516 to 518, 521, 524 to 531, 533, 534, 536, 538, 539, 541, 542, 552, 554, 559, 563 to 566, 569, 570 and 572 to 574 of the official subdivision of original lot 159 and on lots 405, 406, 434 and 459 of the official subdivision of original lot 160, in the official plan and book of reference of the parish of Saint-Martin in the registration division of Laval.
The owner of such immoveable must inform, in writing, the Corporation of any offer to purchase or sell such immoveable. The Corporation has thirty days from the receipt of such notice to make known its decision as to availing itself of its right of pre-emption.
If the Corporation waives its right of pre-emption, it must forward to the prospective acquirer, on the expiry of the thirty days’ delay, a declaration in the form prescribed for registration evidencing its waiver.
The registrar is bound to refuse to register against the lots contemplated in the first paragraph any act or agreement not accompanied with such waiver, unless the Corporation purchases such immoveable.
The Corporation may request the cancellation of a sale made in contravention to this section.
1979, c. 48, s. 126.