Rule 39, Section 33 — Deed and possession to be given at expiration of redemption period; by whom executed or given

Text of the provision

Sec. 33. Deed and possession to be given at expiration of redemption period; by whom executed or given. — If no redemption be made within one year from the date of the registration of the certificate of sale, the purchaser is entitled to a conveyance and possession of the property; or, if so redeemed whenever sixty days have elapsed and no other redemption has been made, and notice thereof given, and the time for redemption has expired, the last redemptioner is entitled to the conveyance and possession; but in all cases the judgment obligor shall have the entire period of one year from the date of the registration of the sale to redeem the property. The deed shall be executed by the officer making the sale or by his successor in office, and in the latter case shall have the same validity as though the officer making the sale had continued in office and executed it. Upon the expiration of the right of redemption, the purchaser or redemptioner shall be substituted to and acquire all the rights, title, interest and claim of the judgment obligor to the property as of the time of the levy. The possession of the property shall be given to the purchaser or last redemptioner by the same officer unless a third party is actually holding the property adversely to the judgment obligor.

2019 Rules of Civil Procedure (A.M. No. 19-10-20-SC), Rule 39, Section 33. Reproduced verbatim and verified word-for-word against the Supreme Court's official text and the ChanRobles rendering.