T-8.1, r. 7 - Regulation respecting the sale, lease and granting of immovable rights on lands in the domain of the State

Section 2 Disposition versions

2016-01-01

2. Except where this Regulation prescribes a different price or rent, land shall be sold at the market value determined by generally recognized approaches of property assessment, or shall be leased at a percentage of that value, without taking into account the value of improvements made to the land by the purchaser or the lessee.

Despite the foregoing, land may also be sold or leased at the substitution price fixed by this Regulation if the land is not located in the territory of a local municipality or if the land is located in the territory of the Municipalité régionale de comté du Golfe-du-Saint-Laurent or in the territory of the Kativic Regional Government.

O.C. 231-89, s. 2; O.C. 705-2010, s. 1; O.C. 980-2015, s. 1.

2012-09-01

2. Except where this Regulation prescribes a different price or rent, land shall be sold at the market value determined by generally recognized techniques of property assessment, or shall be leased at a percentage of that value, without taking into account the value of improvements made to the land by the purchaser or the lessee.

Where land is located outside the boundaries of a local municipality, that land may be sold or leased in accordance with the first paragraph or at the substitution price fixed by this Regulation.

For the purposes of this section, “local municipality” means a municipality governed by whatever law, except a regional county municipality, Municipalité de Baie-James, the James Bay Regional Zone Council, the Kativik Regional Government and Municipalité de Côte-Nord-du-Golfe-du-Saint-Laurent.

O.C. 231-89, s. 2; O.C. 705-2010, s. 1.