D-15.1 - Act respecting duties on transfers of immovables

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4.2.1.1. Despite the first paragraph of section 4.1, a transferee is not required to pay the transfer duties that would have been otherwise payable as a consequence of the application of subparagraph b of that paragraph if, at a particular time in the 24-month period following the date of the transfer, the condition relating to the transferor’s share in the transferee’s profits or losses is no longer met by reason of
(a)  the dissolution of the transferee; or
(b)  the transferor’s loss of the quality of partner for a fortuitous reason such as the transferor’s death or the transferor being placed under protective supervision or becoming bankrupt.
2019, c. 142019, c. 14, s. 37.