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Sale Of Immovable Property Act

consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

Later amending instruments held: Finance (Miscellaneous Provisions) Act 2023 (Act No 12 of 2023).

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Sections

  1. 1 Short title
  2. PART I: SEIZURE OF IMMOVABLE PROPERTY
  3. 2 Seizure preceded by commandement
  4. 3 Periods of seizure
  5. 4 Authority to seize
  6. 5 Memorandum of seizure
  7. 6 Notification of seizure
  8. 7 Transcription of seizure
  9. 8 Concurrent seizures
  10. 9 Previous seizure
  11. 10 Judicial sequestrator
  12. 11 Sale of crop
  13. 12 Produce of land withheld
  14. 13 Deterioration of property seized
  15. 14 Voidable leases
  16. 15 Withholding of rent
  17. 16 Execution debtor not to alienate
  18. 17
  19. 18 Ranking of borrowed money
  20. 19 Deposit of money
  21. 20 Deposit of memorandum of charges
  22. 21 Notice to execution debtor
  23. 22 Notice to inscribed creditor
  24. 23 Notice to unpaid vendor
  25. 24 Stay of sale
  26. 25 Sale and adjudication of property
  27. 27 Entry of notices
  28. 28 Filing of documents
  29. 29 Reading of memorandum of charges
  30. 30 Change in conditions of sale
  31. 31 Notice of date of sale
  32. 32 Taxation of costs of sale
  33. 33 Costs of sale
  34. 34 Announcement of costs of sale
  35. 35 Proceedings on day of sale
  36. 36 Postponement of sale
  37. 37 Publication after postponement
  38. 38 Biddings
  39. 39 Where mise à prix not covered
  40. 40 Election of domicile by purchaser
  41. 42 Persons incapable of purchase
  42. 43 Title of adjudicatee
  43. 44 Delivery of title deed
  44. 45 Where purchaser liable to folle-enchère
  45. 46 Judgment of adjudication
  46. 47 Formalities and periods
  47. 48 Misdescription of property
  48. 49 Rights vested in purchaser
  49. 50 Remedy after sale of property
  50. 51 Sale of small property
  51. 52
  52. PART II: INCIDENTAL APPLICATION AFTER SEIZURE OF PROPERTY
  53. 53 Form of application
  54. 54 Service
  55. 55 Consolidation of seizures
  56. 56 Carriage of sale
  57. 57 Where second seizure more extensive
  58. 58 Subrogation
  59. 59 Collusion, fraud and negligence
  60. 61 Decision of Master
  61. 62 Proceedings on subrogation
  62. 63 Continuance of proceedings
  63. 64 Demand of distraction
  64. 65 Form of demand
  65. 66 Demand as to portion of seizure
  66. 67 Seizure of part of property
  67. 68 Nullity before reading
  68. 69 Nullity subsequent to reading
  69. 70 Notice for hearing objections
  70. 71 Nullity in case of small property
  71. 72 Costs of objection
  72. 73 Costs of disbursements
  73. 74 Fees of sale
  74. 75 Costs claimable if client collocated
  75. 76 Costs when claim settled
  76. 76A Parts I and II not applicable to credit agreements
  77. PART III: PROPERTY OF MINORS
  78. 77 Sale of immovable property of minors
  79. 78 Fixing price and conditions
  80. 79 Memorandum of charges
  81. 81 Day of sale
  82. 82 Notice of filing of memorandum
  83. 83 Notice to unpaid vendor
  84. 84 Notice to subguardian
  85. 85 Notice of day of sale
  86. 86 Change in conditions of sale
  87. 87 Costs of objection
  88. 88 Biddings not reaching upset price
  89. 89 Publication of notice
  90. 90 Apportionment of sale price
  91. 91 Costs of sale
  92. PART IV: SALE BY LICITATION
  93. 97 Demand in licitation
  94. 98
  95. 99 Collective demand by co-licitants
  96. 100 Commencement of proceedings
  97. 101 Notification of deposit of memorandum
  98. 102 Objection to licitation
  99. 103
  100. 104
  101. 105 Stay of licitation
  102. 106 Master’s order
  103. 107 Service of order
  104. 108 Election of domicile
  105. 109 Rejection of division in kind
  106. 110 Appraisement
  107. 111 Formation of lots
  108. 112 Order for licitation
  109. 113 Confirmation of appraiser’s report
  110. 114 Drawing of lots
  111. 115 Memorandum of proceedings
  112. 116 Partition à l’amiable
  113. 117 Costs
  114. PART V: SPECIFIC SALES AND SEQUESTRATION
  115. 119 Petition for sale
  116. 121 Renunciation to a succession
  117. 125 Petition to Master
  118. 126 Memorandum of sale
  119. 127 Order for sale
  120. 128 Sales under section 125
  121. 129 Powers of Supreme Court
  122. 130 Application for sequestration order
  123. 131 Inspection of property
  124. 132 Intervention
  125. 133 Duration of sequestration
  126. 134
  127. 135 Privilege of sequestration
  128. 136 Interest in supplies
  129. 137 Sequestration accounts
  130. 138 Sale by public competition
  131. PART VI: OUTBIDDING AND FOLLE-ENCHERE
  132. 139 Amount of outbidding
  133. 140
  134. 141 Amount of deposit
  135. 142 Publication of outbidding
  136. 143 Costs of outbidding
  137. 144 Biddings
  138. 145 Forfeiture of deposit
  139. 146 No outbidding on adjudication
  140. 147 Outbidding on sale by folle-enchère
  141. 148 Sale by folle-enchère
  142. 149 Delivery of certificate
  143. 150 Objections
  144. 151 Proceedings for resale
  145. 152 Notice
  146. 153 Postponement of sale
  147. 154 Resale prevented by adjudicatee
  148. 155 Costs of concurrent sale and resale
  149. 156 Liability of fol-enchérisseur
  150. PART VII: PROPERTY SOLD OTHERWISE THAN BY PUBLIC AUCTION
  151. 157 Deposit of title deed
  152. 158 Requisition for resale
  153. 159
  154. 160 Formalities of resale
  155. 161 Memorandum of charges
  156. 162
  157. 163 Forfeiture of deposit
  158. 164 Where title contains various properties
  159. 165 Reimbursement
  160. 166 Effect of adjudication
  161. 167 Property acquired by exchange or donation
  162. PART VIII: DISTRIBUTION BY WAY OF ORDER
  163. 168
  164. 169 Application for certificate
  165. 170 Certificate transmitted to Master
  166. 171 Opening of ordre
  167. 172 Notice to inscribed creditors
  168. 173 Notice to adjudicatee
  169. 174
  170. 175 Production of claims
  171. 176 Provisional scheme of distribution
  172. 177 Production out of time
  173. 178 Foreclosure
  174. 179 Ventilation
  175. 180 Objections
  176. 181 Uncontested claims
  177. 182 Uncontested scheme of distribution
  178. 183 Costs of acquittance
  179. 184 Hearing of objections
  180. 185 Appeal
  181. 186 Final closure of ordre
  182. 187 Costs of contested claims
  183. 188 Erasure of inscriptions
  184. 189 Certificate of erasure
  185. 190 Mainlevée on payment of warrant
  186. 191 Erasure by Conservator
  187. 192 Erasure on total or partial payment
  188. 193 Opening of ordre
  189. 194 Warrant for payment executory
  190. 195 Payment of interest
  191. 196 Inscription by creditor
  192. 197 Subrogation
  193. 198 Rectification of ordre
  194. 199 Distribution of sale price
  195. 200 Adjudicatee not affected by folle-enchère
  196. PART IX: MISCELLANEOUS
  197. 201 Price fixed by sale
  198. 202 Legal mortgages
  199. 203 Date of sale
  200. 204 Time for appeal
  201. 205 Appeals set down for hearing
  202. 206 Dismissal of appeal
  203. 207 Possession of property pending appeal
  204. 208 Incidental applications
  205. 209 Nullities
  206. 210 One attorney for parties having same interest
  207. 211 Judgment by consent as to costs
  208. 212 Proof of newspapers
  209. 213
  210. 214 Seizure of several properties of debtor
  211. 215 Sale of several properties of same owner
  212. 216 Lapse of seizure
  213. 217 Suggestions
  214. 219 One notice sufficient
  215. 220 Service of notice on heirs
  216. 221 Filing of notice
  217. 222 Notice in French and English
  218. 224
  219. 225 Appointment of surveyor and attorney
  220. 226 Fees of attorney and surveyor
  221. 227 Application to Outer Islands