Vermont Statutes Title 12 Sec. 2806
Terms Used In Vermont Statutes Title 12 Sec. 2806
- Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
- real estate: as used in this chapter shall mean such lands, tenements, rights, and estates as are made liable to execution by section 2781 of this title. See
§ 2806. Redemption by debtor
At any time after such conveyance is executed to him or her, the debtor may pay the purchaser the purchase price with interest and all costs sustained by him or her, less the rents, issues, and profits he or she has received. Such purchaser’s right to collect and receive such rents, issues, and profits thereupon shall cease, and on request of the debtor and at his or her expense, the purchaser shall execute to him or her an instrument in writing, relinquishing, and surrendering all right to the subsequent rents, issues, and profits. When the time for which the right to collect and receive such rents, issues, and profits was sold, expires, or when the debtor pays the balance due as provided in this section, the purchaser, if in possession of the real estate, shall surrender the same to the person entitled thereto.