29.1. The lessee of land for building cottages, awarded by the Minister by drawing lots after 1 October 2010, may not transfer his or her rights in the lease for 5 years following the date of the first lease. The prohibition does not apply if
(1) the lessee has constructed a building of a minimum value of $10,000 on the leased land;
(2) the building on the leased land was sold under judicial authority, for non-payment of taxes or for the exercise of a hypothecary right; or
(3) the transfer is made in favour of the lessee’s legal or de facto spouse, father, mother, brother, sister or child, or following the lessee’s death.