E-8.1 - Act respecting public elementary and secondary education

Section 393 Disposition versions

2999-12-31

393. The school board shall, in its own name, enter the immovables purchased at auction upon the assessment and collection rolls and upon the special apportionment rolls; such immovables shall remain subject to municipal and school taxes like any other immovables and shall be so assessed. The municipal taxes so imposed shall not be collectable from the school board, however.

If the right of redemption be exercised, the redemption price must include, in addition to the amount paid by the school board for such immovable and interest thereon at 10%, the amount of the municipal and school taxes imposed on such immovable from the date of the adjudication to the date of the redemption, or the instalments due upon such taxes if they are payable by instalments, and also the sums of money owing for municipal and school taxes which have not been paid in the distribution of the moneys levied by the sale.

After redemption, the undue instalments of special taxes shall continue to affect the redeemed immovable and the owner shall be liable therefor.

If the right of redemption is not exercised within the period fixed by law, the director general, sheriff or prothonotary, as the case may be, shall draw up and sign a deed of sale in favour of the school board and cause it to be registered.

1984, c. 39, s. 393.