Acts and Regulations

P-19 - Property Act

Full text
Purchase of reversionary interest
60(1)No purchase made bona fide, and without fraud or unfair dealing, of any reversionary interest in real or personal estate shall be opened or set aside merely on the ground of undervalue.
60(2)The word “purchase” in this section includes every kind of contract, conveyance or assignment under or by which any beneficial interest in any kind of property may be acquired.
R.S., c.177, s.57