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H-1 - Family Housing Act

Section 7
Disposition versions

Full text
7. Under penalty of forfeiture of the advantages provided for by this Act to a borrower, no transfer or lease to anyone outside of the owner’s family of an immovable benefiting from such advantages may be made without the express authorization of the Société given in accordance with the regulations made under section 14, save, in the case of a two-unit dwelling, the right of the owner to lease the tenement which is not reserved for his own use and that of his family.
R. S. 1964, c. 110, s. 5; 1966-67, c. 43, s. 5; 1966-67, c. 55, s. 75; 1999, c. 40, s. 144.
7. Under penalty of forfeiture of the advantages provided for by this act to a borrower, no transfer or lease to anyone outside of the owner’s family of an immoveable benefiting from such advantages may be made without the express authorization of the Corporation given in accordance with the regulations made under section 14, save, in the case of a two-unit dwelling, the right of the owner to lease the tenement which is not reserved for his own use and that of his family.
R. S. 1964, c. 110, s. 5; 1966-67, c. 43, s. 5; 1966-67, c. 55, s. 75.
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