Ontario Tax Sale Property
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Title On Vacant Land
Chapter: LIENS
jreist
My question is whether you would need to do a Title Search on vacant land? My thinking is that a creditor would want to put a lean on property with something on it.
RichD
My thought on that would be that your always better off knowing as much about any property that your buying as you can and a title search will help you do that. Having said that if your a gambeler and want to risk loosing your 20% down then don't worry about the search go ahead and put a low bidd on them and see what you get. once you win the bidd then you can do the search. There is no law that says Thall Shalt Do A Title Search but there is one that says Buyer Be Ware. Good Luck
Frank
If you want to be a daredevil and take your chances that everything is OK ( and save a few dollars that it would have cost you to do the title search) then go ahead - you must have won a lottery if you have that much money to burn. I have property to sell, which you might be interested in - rather than just using it to light your cuban cigars with.
I am sorry to be such a downer on this one, but you have obviously learned nothing from all of the information which we have been posting on this site, and perhaps you should de-register yourself. With all due respect, you need to do your homework or you could lose big time. You must not be married since no one is checking your math for you, and kicking you in the teeth for even suggesting such a course of action.