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CCQ-1991 - Civil Code of Québec

Section 1756
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1756. Where the object of the right of redemption is to secure a loan, the seller is deemed to be a borrower and the acquirer is deemed to be a hypothecary creditor. The seller does not, however, lose the right to exercise his right of redemption unless the acquirer follows the rules for the exercise of hypothecary rights set out in the Book on Prior Claims and Hypothecs.
1991, c. 64, a. 1756; I.N. 2014-05-01.
1756. Where the object of the right of redemption is to secure a loan, the seller is deemed to be a borrower and the acquirer is deemed to be a hypothecary creditor. The seller does not, however, lose the right to exercise his right of redemption unless the acquirer follows the rules respecting the exercise of hypothecary rights laid down in the Book on Prior Claims and Hypothecs.
1991, c. 64, a. 1756.
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