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CCQ-1991 - Civil Code of Québec
Section 2679
Disposition versions
2679. A hypothec on an undivided share of property subsists if, by reason of partition or another act declaratory or attributive of ownership, the grantor or his successor retains rights in some part of the property, subject to the Book on Successions.
If the grantor does not retain any rights in the property, the hypothec nevertheless subsists and attaches, according to its rank, to the transfer price payable to the grantor, to the payment resulting from the exercise of a right of withdrawal or a first refusal agreement, or to the equalizing sum payable to the grantor.
2679. A hypothec on an undivided share of property subsists if, by reason of partition or other act declaratory or attributive of ownership, the grantor or his successor retains rights in some part of the property, subject to the Book on Successions.
If the grantor does not retain any rights in the property, the hypothec nevertheless subsists and attaches, according to its rank, to the transfer price payable to the grantor, to the payment resulting from the exercise of a right of withdrawal or a first refusal agreement, or to the equalizing sum payable to the grantor.
2679. A hypothec on an undivided share of a property subsists if the grantor or his successor preserves rights over some part of the property by partition or other act declaratory or act of attribution of ownership, subject to the Book on Successions.
If the grantor does not preserve any rights over the property, the hypothec nevertheless subsists and extends, according to its rank, to the price of transfer payable to the grantor, to the payment resulting from the exercise of a right of redemption or a first refusal agreement, or to the balance payable to the grantor.
