Immovable Property (Sale of Interests) Act (Cap. 60:01).
Country
Type of law
Legislation
Abstract
This Act provides for remedies in the case of disputes involving sale of an immovable common property that is undivided in shares. Any owner may request the Court to direct the sale of the property and the distribution of proceeds thereof. The Court shall have also discretion to direct a sale where sale is not requested by an owner of a moiety or upwards in accordance with section 4 (sect. 5). The Court may allow parties interested in the property to bid at the sale. Parties are allowed a partition suit. Section 8 regulates the relationship between this Act and other law. (10 sections)
Attached files
Web site
Long title of text
An Act to make provision in the case of dispute for the sale of undivided interests in immovable property.
Date of text
Notes
Reprinted edition of Act No. 27 of 1937 (Cap. 60:01) as authorized by L.R.O. 1/2012.
Repealed
No
Serial Imprint
Laws of Guyana.
Source language
English
Legislation Amendment
No