Ontario Tax Sale Property Forum

Tax Sale Forum => Questions and Answers => Topic started by: Seirra on September 12, 2005, 08:23:36 PM

Title: Submitting a bid
Post by: Seirra on September 12, 2005, 08:23:36 PM

What is the proper method of submitting a bid? What all needs to be included? Does anyone know if you can place bids if you are a Canadian but are currently living outside of the country?

Seirra

Title: Re: Submitting a bid
Post by: Rob on September 12, 2005, 10:08:27 PM

Hi Seirra,

All good questions you are asking. 

I'll try to field this question.  For each tax sale property you can get a kit from the municipality somewherre in the price range of free-10.00  dollars.  Contact the phone number at the bottom of tax sale property listing you wish to bid for.   I believe there are no requirement for living in Canada or that province for a certain amount of time before bidding on a property.

A kit is not required for submitting a bid, but if this is your first attempt, it would be well worth your while.

Title: Re: Submitting a bid
Post by: Frank on September 13, 2005, 08:07:09 PM

The tax sale laws are set out in Section XI of the Municipal Act (you can view this document bgoing to the Ontario Government web-site where all of the statues and regulations are posted as 'e-laws') try this link, it should take you right to section 371    

http://www.e-laws.gov.on.ca/DBLaws/Statutes/English/01m25_e.htm#BK444)      

this section sets out what Municipalities have to do in conducting a sale.  

You also have to go to the regulations for information on the rules governing a sale.  That can be found by going to e-laws as well.  Try this link            

  http://www.e-laws.gov.on.ca/DBLaws/Regs/English/030181_e.htm[/color]

Title: Re: Submitting a bid
Post by: Frank on September 13, 2005, 08:08:32 PM

that last link should have read

http://www.e-laws.gov.on.ca/DBLaws/Regs/English/030181_e.htm

Title: Re: Submitting a bid
Post by: Seirra on September 14, 2005, 12:58:49 PM

Rob and Frank,

Thanks for the info and links. I will check out the website.

Seirra