152. The reserve takes effect on the date of registration of a notice of establishment of a reserve in the land register and remains in effect for a four-year period.
A reserve may be set up against(1) the holder of a right in the reserved immovable as at the date of registration of the notice of establishment of a reserve in the land register, only from the date on which that notice is served on the right holder; and
(2) the lessee or the occupant in good faith who leases or occupies that immovable as at the date of service of the notice of establishment of a reserve on the right holder, only from the date on which the document referred to in section 151 is served on the lessee or the occupant in good faith.
2023, c. 272023, c. 27, s. 152.