216. Sections 214 and 215 cease to apply to a farm or woodlot as soon as its ownership is transferred to a person who acquires it for subdivision into lots, residential, industrial or commercial development, speculation or real estate operations.
However, they again apply when the farm or woodlot is returned to the transferor or his legal representatives as a result of a rescission of the transfer or a giving in payment, whether following a judgment or not, or as a result of a judgment pronouncing the nullity or annulment of the transfer.