Cap. 16 Art. 506Rent-charge in lieu of sum of money.

(1) It shall be lawful for the court, according to circumstances, to order, in lieu of the payment of the sum of money mentioned in the last preceding article, the imposition of a rent-

charge on the larger share in favour of the smaller share, secured by the hypothecation of one or more of the immovables included in such larger share.

(2) For the purposes of sub-article (1), the experts shall, unless exempted by the co-partitioners themselves, establish in their report the amount of such rent-charge as may be required for owelty of partition.

(3) The provisions of this article shall not apply unless the inequality exceeds the sum of one hundred and sixteen euro and forty-seven cents (116.47) and is greater than the value of one-fourth part of the larger share.