Ontario Tax Sale Property Forum
Tax Sale Forum => Questions and Answers => Topic started by: ding on May 13, 2007, 02:16:43 AM
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In my understanding Writ of execution is issued in the sherriff office to hold on to the title of the property so that there will be no transaction will be made . this is based on the court order . If the former owner will not appeal on this order the property will be up to public bidding so that the complainant will be awarded the amount owed by the former owner.
title search is knowing if the certain property has any lien and encumbrances attach to the title so that you will know if it is a clean or not. If ever you bought a property that has a lien or and encumbrances (like mortgages, taxes, and other penalties impose ). the title will not be tranfer to you name until this lien and encumbrances is cleared that means you need to pay off this first
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Hi Ding,
I thought the mortgage won't survive the tax sale. I once did a title search and found the property had a mortgage from a bank. I understood that the mortgage wouldn't survive. Are you telling me that if a mortgage shows up on a title search then its a crown lien or mortgage?
Sasha ???
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sasha,
Yes you are right thats also my understanding too but writ is different it is a dispute in court over a property between two parties involved . No government entity is involved here .
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??? ???
I think the big question in my mind is "where"?
Where does one do an execution search? Sheriff's office? Land registry?
If at the land registry, do Crown executions AND Crown liens both show up ?
So far for the properties I've looked into, I haven't seen any indication of Crown interest, when done at the LR office, but that's not to say there wasn't any crown interest in the property.....or does it? ???