Municipal Code of the Province of Quebec

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1871 edition. Excerpt: ...per cent per annum, every fraction of a year being reckoned as a year. 1023. Any person, whether authorized or not, may redeem or recover such land in the same manner, but only When the redemption is made by a person not specially authorized, the secretary-treasurer, in the receipt which he gives in duplicate, sets forth the names, . quality and domicile of the person who effected the redemption. Such receipt entitles the person mentioned therein to be reimbursed the amount paid by him with interest at the rate of eight per cent, and secures him a privileged hypothee, ranking next after municipal taxes, on the land in question, for the reimbursement of such money, after being registered in the proper registration division, any provisions contained in articles 9 .)4 and 2009 of the civil code to the contrary notwithstanding. I924. The s'ecreta .'.y--treas11rer must, within fifteen days after the redemption is effected, give special notice thereof to the council of the local municipality in which such land is situated and to the purchaser, and, on demand, remit to the latter the amount paid into his hands, less two and a half per cent on the purchase money, for his fees. I025. The purchaser may compel the owner, or the person who redeems the land in the name of the owner, to indemnify him for all useful repairs and improvements made by him on the land so redeemed, unless he removes the same, and also to reimburse him the amount of the taxes paid, and of the public or municipal work performed on account of such land, with interest on the whole at the rate of fifteen per cent per annum, every fraction of a year being reckoned as a year. This claim bears a privilege in favor of the purchaser upon the land in question. The purchaser..