Ontario Tax Sale Property Forum

Sheriff Sales / Foreclosures => General Discussion => Topic started by: soldbybailey on February 07, 2017, 07:13:41 PM

Title: Title
Post by: soldbybailey on February 07, 2017, 07:13:41 PM

What does NO DEALINGS INDICATOR IN EFFECT ON THIS PROPERTY mean on title? ??? ???

Title: Re: Title
Post by: Matt on February 07, 2017, 09:03:39 PM

Quote from: soldbybailey on February 07, 2017, 07:13:41 PM

What does NO DEALINGS INDICATOR IN EFFECT ON THIS PROPERTY mean on title? ??? ???

We have to understand it as literally as possible, ie. no dealings, period!
No one is to sell or buy that property in any manner.

The crown, represented by one of the government departments or agencies, holds the first hand interest on that particular property and does not want anyone touch the property.

I see this tax sale has to be cancelled or postponed soon..