§ 4533 - Procedure after sale; judicial foreclosure - Vermont Statutes

§ 4533. Procedure after sale; judicial foreclosure

(a) In the case of a sale following judicial foreclosure subject to the provisions of section 4531a(a) of this title, the person selling shall, within ten days after the sale, file with the court a report on oath of the sale and of his or her doings and the court may confirm the sale or set it aside and order a resale. If the sale is confirmed the court shall issue an order of confirmation after a hearing for that purpose. Any person interested may appear or be summoned and heard on such proceedings, and the order of the court confirming the sale shall be conclusive evidence as against all persons that the power was duly executed.

(b) Such confirmation order shall be recorded in the land records of the town wherein such real estate is situated and shall effectuate the transfer of title to such real estate upon recording. (Added 1973, No. 226 (Adj. Sess.), § 3; amended 1993, No. 179 (Adj. Sess.), § 3.)