Unless otherwise provided for in this Uniform act, the foreclosure sale shall be subject to the provisions thereof.
The decision authorizing foreclosure sale shall comprise, apart from the information mentioned in
article 151 above:
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a statement of the competent court before which the expropriation shall be proceeded;
P. 95 of 139
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the briefing of the lawyer whose chambers will automatically be the elected residence of the proceedingscreditorand where acts related tothe opposition to the order, property offers and all sale notifications may be sent.
The receiver may authorize the trustee or the creditor to proceed simultaneously with the sale of several or all of the property, even where they are located within the jurisdictions of different courts.
He shall decide whether the sale of the property shall be realized before the courts within which jurisdictions they are located or before the court within which jurisdiction the residence of the debtor or the registered office of the company is located.
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 94
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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