Code of Organization and Civil Procedure (Cap. 12), article 307

307. (1) Within twenty days from the time notice of the court decree is served on the debtor, he may file a separate appraisment and demand that a new appraisment need not be effected, provided that such appraisement be a sworn appraisement. (2) The sworn appraisement filed by the debtor shall, within twenty days, be served on the creditor who shall then have twenty days to lodge an opposition to it. (3) When a creditor lodges such opposition to the appraisement filed by the debtor, the court shall, after hearing both parties, decide whether it shall appoint a new expert or not. (4) An appraisement of the property to be sold shall always be made before the sale takes place provided that if an appraisement, made not earlier than twelve months before the judgement that is being executed, has been accepted by the court in its judgement, the court shall take cognizance of such appraisement and it shall not appoint new experts to effect a new appraisement. Expert to be appointed by court, unless agreed on by parties. Amended by: XXIV.1995.147. Revoked by: XIV.2006.16. Added by: XIV.2006.15. Re-numbered by: VII.2007.30.