South Australian Consolidated Acts16—Rights of purchaser of property sold in execution
(1) The purchaser of
property sold by authority of a court acquires a good title to the property
subject only to registered interests and interests of which public notice has
been given pursuant to statute.
(2) If, before the
date of sale of property, a person claims to have an unregistered interest in
the property, and gives notice of the claim in accordance with the rules of
the relevant court, the sheriff must, if the claim is not disputed or the
court orders the sheriff to recognise the validity of the claim—
(a) pay
the claimant out of the proceeds of the sale of the property, a sum sufficient
to satisfy the claim; or
(b)
where appropriate to do so, withdraw the property from sale and give
possession of it to that person.