1032. An immovable is adjudged to the highest bidder at a public auction.
The proceeds of the sale are remitted by the clerk-treasurer to the clerk of the Superior Court of the district, to be distributed according to law.
The clerk 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 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 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 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.
After the money is distributed, the clerk is bound to file in the Land Registry Office a certified true copy of the judgment of distribution for full or partial cancellation of the registration of debts or hypothecs which have been paid, in whole or in part.
M.C. 1916, a. 732; 1979, c. 72, s. 300; 1982, c. 63, s. 62; 1983, c. 57, s. 30; 1992, c. 57, s. 491; 1999, c. 40, s. 60; 2000, c. 42, s. 137; I.N. 2016-01-01 (NCCP); 2021, c. 312021, c. 31, s. 1321; 2020, c. 172020, c. 17, s. 68112020, c. 172020, c. 17, s. 6812.