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Terms Used In Vermont Statutes Title 12 Sec. 2798

  • Magistrate: shall mean any Supreme Court Justice, Superior judge, District judge, or Probate judge. See
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.

§ 2798. Redemption when purchaser in possession; bond; writ of possession when debtor remains in possession

When the purchaser has gone into possession and the debtor wishes to redeem the premises, he or she may tender to the purchaser the amount of the purchase money less the sum due for the rents and profits, with a bond in such sum as the clerk or magistrate shall adjudge reasonable, conditioned to pay what shall be found due the purchaser over the sum tendered and the rents and profits aforesaid, and may have immediate possession of the premises on the tender of the money and bond aforesaid. When the debtor gives his or her bond and remains in possession of the premises, the purchaser may have his or her writ of possession for such premises at the expiration of six months.