T-8.1, r. 7 - Regulation respecting the sale, lease and granting of immovable rights on lands in the domain of the State

Section 29.1 Disposition versions

2016-01-01

29.1. The lessee of land for building cottages, awarded by the Minister by drawing lots after 1 October 2010, may not transfer his or her rights in the lease for 5 years following the date of the first lease. The prohibition does not apply if

(1)  the lessee has constructed a building of a minimum value of $10,000 on the leased land;

(2)  the building on the leased land was sold under judicial authority, for non-payment of taxes or for the exercise of a hypothecary right; or

(3)  the transfer is made in favour of the lessee’s legal or de facto spouse, father, mother, brother, sister or child, or following the lessee’s death.

O.C. 705-2010, s. 23; I.N. 2016-01-01 (NCCP).

2012-09-01

29.1. The lessee of land for building cottages, awarded by the Minister by drawing lots after 1 October 2010, may not transfer his or her rights in the lease for 5 years following the date of the first lease. The prohibition does not apply if

(1)  the lessee has constructed a building of a minimum value of $10,000 on the leased land;

(2)  the building on the leased land was sold by judicial sale, for non-payment of taxes or for the exercise of a hypothecary right; or

(3)  the transfer is made in favour of the lessee’s legal or de facto spouse, father, mother, brother, sister or child, or following the lessee’s death.

O.C. 705-2010, s. 23.