There are many types of sale
Sale: contract to transfer ownership for a sum of money.
Right to Repurchase: conditional sale whereby the seller transfers ownership of a property to the buyer while retaining the right to repurchase it.
Sale by Creditor: the creditor is a natural or legal person who was owed a sum of money by the owner of a property and who was guaranteed said property. Since the owner did not pay his or her debts to the creditor, the creditor used his or her guarantee in exchange for discharging the debt to the owner. As a result, it is the creditor who becomes the owner in the sale.
Sheriff’s Sale: contract to transfer ownership for a sum of money. Sheriff’s sales do not provide any guarantee, or even guarantee that the debt is owing. The sheriff is a judicial officer responsible for the seizure and sale of properties in Quebec.
Sale by Judicial Control: sale of property made based on a creditor’s mortgage right by a person designated by the court under the terms set out by the latter.
Sale due to Non-payment of Property tax: sale of a property at the request of a city/school board as a result of non-payment of property taxes by a person designated by the court and according to the terms determined by the court.
Sale of Land: sale of a property with no buildings, i.e. a vacant lot.