Sale

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A sale may be either of the following:

  • a transaction:
    • transferring all or a portion of the property for either a consideration or no consideration (for example, a gift)
    • granting an option to purchase all or a portion of the property
    • establishing a real servitude encumbering the property
  • an event resulting in a deemed sale (change in the use of the property, death, expropriation, damages, destruction, etc.)

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