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CCQ-1991 - Civil Code of Québec

Section 2781
Disposition versions

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2781. Where the default has not been remedied or the payment has not been made in the time allotted for surrender, the creditor takes the property in payment by the effect of the judgment of surrender, or by an act voluntarily made by the person against whom the hypothecary right is exercised, and accepted by the creditor, if neither the later ranking creditors nor the debtor required him to proceed with the sale.
The judgment of surrender or the act voluntarily made and accepted constitutes the creditor’s title of ownership.
1991, c. 64, a. 2781; 2000, c. 42, s. 7; I.N. 2014-05-01; I.N. 2015-11-01.
2781. Where the default has not been remedied or the payment has not been made in the time allotted for surrender, the creditor takes the property in payment by the effect of the judgment of surrender, or of a deed voluntarily made by the person against whom the hypothecary right is exercised, and accepted by the creditor, if neither the later ranking creditors nor the debtor required him to proceed with the sale.
The judgment of surrender or the deed voluntarily made and accepted constitutes the creditor’s title of ownership.
1991, c. 64, a. 2781; 2000, c. 42, s. 7; I.N. 2014-05-01.
2781. Where the default has not been remedied or the payment has not been made in the time allotted for surrender, the creditor takes the property in payment by the effect of the judgment of surrender, or of a deed voluntarily made by the person against whom the hypothecary right is exercised, and accepted by the creditor, if neither the subsequent creditors nor the debtor have required him to proceed with the sale.
The judgment of surrender or the deed voluntarily made and accepted constitutes the creditor’s title of ownership.
1991, c. 64, a. 2781; 2000, c. 42, s. 7.
2781. Where the default has not been remedied or the payment has not been made in the time allotted for surrender, the creditor takes the property in payment by the effect of the judgment of surrender, or of a deed voluntarily made, if neither the subsequent creditors nor the debtor have required him to proceed with the sale.
The judgment of surrender or the deed voluntarily made constitutes the creditor’s title of ownership.
1991, c. 64, a. 2781.
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