Question A and B were co-owners of a parcel of land. Last March 30, 2022, when she paid her realty estate tax, A discove
Posted: Mon Apr 25, 2022 7:32 am
Question
A and B were co-owners of a parcel of land. Last March 30, 2022,
when she paid her realty estate tax, A discovered that B had sold
his share to C on June 30 2021. The following day A offered to
redeem his share from C but the latter replied that A’s right to
redeem has already prescribed. Is C correct or not?
A. C is correct because A’s right to redeem has already
prescribed. The law gives A 30 days from the date of sale by B to
exercise his right of legal redemption.
B. C is correct because A’s right to redeem has already
prescribed. The law gives A 60 days from the date of sale by B to
exercise his right of legal redemption.
C. C is not correct. C can still enforce his right of legal
redemption as a co-owner because the law gives A 30 days from
written notice of the sale by B to exercise his right of legal
redemption.
D. C is not correct. C can still enforce his right of legal
redemption as a co-owner because the law gives A 60 days from
written notice of the sale by B to exercise his right of legal
redemption.
A and B were co-owners of a parcel of land. Last March 30, 2022,
when she paid her realty estate tax, A discovered that B had sold
his share to C on June 30 2021. The following day A offered to
redeem his share from C but the latter replied that A’s right to
redeem has already prescribed. Is C correct or not?
A. C is correct because A’s right to redeem has already
prescribed. The law gives A 30 days from the date of sale by B to
exercise his right of legal redemption.
B. C is correct because A’s right to redeem has already
prescribed. The law gives A 60 days from the date of sale by B to
exercise his right of legal redemption.
C. C is not correct. C can still enforce his right of legal
redemption as a co-owner because the law gives A 30 days from
written notice of the sale by B to exercise his right of legal
redemption.
D. C is not correct. C can still enforce his right of legal
redemption as a co-owner because the law gives A 60 days from
written notice of the sale by B to exercise his right of legal
redemption.