PART 7PROVISIONS APPLYING ONLY TO FIXED TERM STANDARD CONTRACTS

CHAPTER 5DEALING: TRANSFERS

Joint contract-holders

141Joint contract-holder's interest

(1)

This section applies if a fixed term standard contract provides that a joint contract-holder may transfer his or her rights and obligations under the contract.

(2)

The contract must also provide that a transfer may not be made unless the transferor gives notice to the other joint contract-holders that a transfer will be made.

(3)

The contract must also provide that the transferee is not entitled to occupy the dwelling without the consent of the other joint contract-holders.