88. For the application of this Division, bonds or debts secured, in particular, by hypothec, mortgage, pledge, lien or privilege or under an act, upon property of the class mentioned in this Division, or by the conveyance or transfer of such property, are deemed secured by it, the words “real estate” including leaseholds (tenures à bail) outside Québec.
R.R.Q., 1981, c. R-17, r. 1, s. 88.