The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
003
:
REAL ESTATE; LEVY, SALE, AND REDEMPTION
(Cite as: 12 V.S.A. § 2796)
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§ 2796. Redemption—Bond; writ of possession; accounting by purchaser for rents and profits
When real estate is sold on execution, the debtor or person claiming under him or
her may redeem the same at any time within six months from the date of such sale.
He or she shall file a bond within 14 days after such sale with the clerk of the court
or magistrate who issued such execution, to the purchaser, in a penal sum that the
clerk or magistrate shall order, conditioned in case he or she does not redeem the
property to pay the purchaser the fair rents and profits of such premises and commit
no waste on the same, which bond shall be approved by the clerk or magistrate. When
the debtor fails to file the bond as provided for in this section, the purchaser may
have his or her writ of possession from the clerk or magistrate, and may enter and
take possession and manage such real estate in a good husbandlike manner. If the defendant
in such action shall redeem the same, the purchaser shall account for the fair value
of the rents and profits thereof, until the same shall be redeemed. (Amended 2017, No. 11, § 17.)