Ontario Tax Sale Property Forum
Tax Sale Forum => Questions and Answers => Topic started by: LarasDad on November 03, 2012, 05:12:20 PM
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Does anyone know what the minimum requirement is for a municipality to cancel a sale ?
ie. does the property owner have to pay the full "minimum bid" or just the portion that is "arrears" or can they cut a deal with the treasurer or ... ? ? ?
Thanks in advance for whatever enlightenment the tax sale gods can provide. :)
[p.s. this all comes from having wasted my time researching a particular Hamilton condo, 515 Main St which has had 6 different units on the block since 2007 and in each case, cancelled --- doesn't make much financial sense, assuming all are owned by one entity]