When real property has been levied upon, if the estate is less than a leasehold having two years of an unexpired term, the sale is absolute, but if of a larger amount, it is redeemable as hereinafter prescribed.
[C51, § 1924; R60, § 3329, 3330; C73, § 3098, 3099; C97, § 4043; C24, 27, 31, 35, 39, § 11773; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 628.2]
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