Movable assets and real property

Movable assets that can be distrained include:

  • vehicles,
  • various securities such as shares in a housing company,
  • funds in bank accounts,
  • tax refunds, and
  • cash.

Ordinary household effects are not distrained, nor are tools and comparable items unless they are of significant value. The illness of the debtor or their family member or other exceptional circumstances can prevent distraint in some circumstances.

Distrainable real property consists of real estate and plots. Parts and parcels of real property, along with mortgageable leaseholds and other rights of land use can also be distrained. The distraint covers everything belonging to the property, such as buildings and forestry assets.