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C-19 - Cities and Towns Act

Section 523
Disposition versions

Full text
523. The proceeds of the sale of each immovable shall be deposited in the office of the clerk of the Superior Court for the district, for distribution according to law.
The clerk of the Superior Court shall obtain from the Land Registrar a copy of any page of the land register concerning the adjudged immovable that may be useful to him for the purposes of apportioning the proceeds of the sale. Where the clerk of the Superior Court considers it necessary and if the amount to be apportioned exceeds $1,000, he may obtain from the Land Registrar the certified statement described in article 3019 of the Civil Code. The clerk of the Superior Court shall pay out of the proceeds of the sale the cost of the copy of the page of the land register and, as the case may be, the cost of the certified statement.
The proceeds of the sale shall be apportioned among the creditors according to the rules provided for in the case of a seizure of immovables in execution, without the formality of a scheme of collocation if the amount to be apportioned does not exceed $1,000.
The clerk of the Superior Court, after distribution of the monies, shall deposit in the Land Registry Office a certified copy of the judgment of distribution, for the purpose of cancelling totally or partially the registration of the claims or hypothecs which have been paid in whole or in part.
R. S. 1964, c. 193, s. 559; 1983, c. 57, s. 56; 1992, c. 57, s. 474; 1999, c. 40, s. 51; 2000, c. 42, s. 128; I.N. 2016-01-01 (NCCP); 2020, c. 17, s. 61.
523. The proceeds of the sale of each immovable shall be deposited in the office of the clerk of the Superior Court for the district, for distribution according to law.
The clerk of the Superior Court shall obtain from the registrar a copy of any page of the land register concerning the adjudged immovable that may be useful to him for the purposes of apportioning the proceeds of the sale. Where the clerk of the Superior Court considers it necessary and if the amount to be apportioned exceeds $1,000, he may obtain from the registrar the certified statement described in article 3019 of the Civil Code. The clerk of the Superior Court shall pay out of the proceeds of the sale the cost of the copy of the page of the land register and, as the case may be, the cost of the certified statement.
The proceeds of the sale shall be apportioned among the creditors according to the rules provided for in the case of a seizure of immovables in execution, without the formality of a scheme of collocation if the amount to be apportioned does not exceed $1,000.
The clerk of the Superior Court, after distribution of the monies, shall deposit in the registry office a certified copy of the judgment of distribution, for the purpose of cancelling totally or partially the registration of the claims or hypothecs which have been paid in whole or in part.
R. S. 1964, c. 193, s. 559; 1983, c. 57, s. 56; 1992, c. 57, s. 474; 1999, c. 40, s. 51; 2000, c. 42, s. 128; I.N. 2016-01-01 (NCCP).
523. The proceeds of the sale of each immovable shall be deposited in the office of the clerk of the Superior Court for the district, for distribution according to law.
The clerk of the Superior Court shall obtain from the registrar a copy of any page of the land register concerning the adjudged immovable that may be useful to him for the purposes of apportioning the proceeds of the sale. Where the clerk of the Superior Court considers it necessary and if the amount to be apportioned exceeds $1,000, he may obtain from the registrar the certified statement described in articles 703 to 707 of the Code of Civil Procedure (chapter C‐25). The clerk of the Superior Court shall pay out of the proceeds of the sale the cost of the copy of the page of the land register and, as the case may be, the cost of the certified statement.
The proceeds of the sale shall be apportioned among the creditors according to the rules provided for in the case of a seizure of immovables in execution, without the formality of a scheme of collocation if the amount to be apportioned does not exceed $1,000.
The clerk of the Superior Court, after distribution of the monies, shall deposit in the registry office a certified copy of the judgment of distribution, for the purpose of cancelling totally or partially the registration of the claims or hypothecs which have been paid in whole or in part.
R. S. 1964, c. 193, s. 559; 1983, c. 57, s. 56; 1992, c. 57, s. 474; 1999, c. 40, s. 51; 2000, c. 42, s. 128.
523. The proceeds of the sale of each immovable shall be deposited in the office of the prothonotary of the Superior Court for the district, for distribution according to law.
The prothonotary shall obtain from the registrar a copy of any page of the land register concerning the adjudged immovable that may be useful to him for the purposes of apportioning the proceeds of the sale. Where the prothonotary considers it necessary and if the amount to be apportioned exceeds $1 000, he may obtain from the registrar the certificate described in articles 703 to 707 of the Code of Civil Procedure (chapter C‐25). The prothonotary shall pay out of the proceeds of the sale the cost of the copy of the page of the land register and, as the case may be, the cost of the certificate.
The proceeds of the sale shall be apportioned among the creditors according to the rules provided for in the case of a seizure of immovables in execution, without the formality of a scheme of collocation if the amount to be apportioned does not exceed $1 000.
The prothonotary, after distribution of the monies, shall deposit in the registry office a certified copy of the judgment of distribution, for the purpose of cancelling totally or partially the registration of the claims or hypothecs which have been paid in whole or in part.
R. S. 1964, c. 193, s. 559; 1983, c. 57, s. 56; 1992, c. 57, s. 474; 1999, c. 40, s. 51.
523. The proceeds of the sale of each immovable shall be deposited in the office of the prothonotary of the Superior Court for the district, for distribution according to law.
The prothonotary shall obtain from the registrar a copy of any page of the index of immovables concerning the adjudged immovable that may be useful to him for the purposes of apportioning the proceeds of the sale. Where the prothonotary considers it necessary and if the amount to be apportioned exceeds $1 000, he may obtain from the registrar the certificate described in articles 703 to 707 of the Code of Civil Procedure (chapter C-25). The prothonotary shall pay out of the proceeds of the sale the cost of the copy of the page of the index of immovables and, as the case may be, the cost of the certificate.
The proceeds of the sale shall be apportioned among the creditors according to the rules provided for in the case of a seizure of immovables in execution, without the formality of a scheme of collocation if the amount to be apportioned does not exceed $1 000.
The prothonotary, after distribution of the monies, shall deposit in the registry office a certified copy of the judgment of distribution, for the purpose of cancelling totally or partially the registration of the claims or hypothecs which have been paid in whole or in part.
R. S. 1964, c. 193, s. 559; 1983, c. 57, s. 56; 1992, c. 57, s. 474.
523. The proceeds of the sale of each immoveable shall be deposited in the office of the prothonotary of the Superior Court for the district, for distribution according to law.
The prothonotary shall obtain from the registrar a copy of any page of the index of immovables concerning the adjudged immovable that may be useful to him for the purposes of apportioning the proceeds of the sale. Where the prothonotary considers it necessary and if the amount to be apportioned exceeds $1 000, he may obtain from the registrar the certificate described in articles 703 to 707 of the Code of Civil Procedure (chapter C-25). The prothonotary shall pay out of the proceeds of the sale the cost of the copy of the page of the index of immovables and, as the case may be, the cost of the certificate.
The proceeds of the sale shall be apportioned among the creditors according to the rules provided for in the case of a seizure of immovables in execution, without the formality of a scheme of collocation if the amount to be apportioned does not exceed $1 000.
The prothonotary, after distribution of the monies, shall deposit in the registry office a certified copy of the judgment of distribution, for the purpose of cancelling totally or partially the registration of the claims, privileges or hypothecs which have been paid in whole or in part.
R. S. 1964, c. 193, s. 559; 1983, c. 57, s. 56.
523. The proceeds of the sale of each immoveable shall be deposited in the office of the prothonotary of the Superior Court for the district, for distribution according to law.
The prothonotary, after distribution of the monies, shall deposit in the registry office a certified copy of the judgment of distribution, for the purpose of cancelling totally or partially the registration of the claims, privileges or hypothecs which have been paid in whole or in part.
R. S. 1964, c. 193, s. 559.
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