Tax Sale Guide Home
Additional Charges
Chapter: OTHER TAX SALE PROPERTY SALES
Frank
Additional charges will usually include:Â
- any additional accrued taxes that have been levied since the sale was initially advertised, the minimum bid is only based on taxes and costs outstanding to that point.
- GST if applicable, and it can be applicable in situations where it would not normally be, since this is a forfeiture. There is a section on this issue which you should read.
- land transfer taxes, again I believe there is a section on this, and it can be easily computed.
- most important, is that any crown liens on the property remain with the property and are not cancelled by way of the sale, these can be significant and you need to do your search to see what these might be.
- any easements, or encroachments on the property whether or not these are registered will also remain, and some of these can be found on title, others might be determined by a visual examination of the property against the survey plan which is also available at the registry office when you do your search (usually, if it is an R plan or subdivision plan).
The previous owners can still redeem right up until the moment that the tax deed is registered in your name. If they do, you get your money back.
Another reason to do a visual of the property is to determine if it is inhabited, since following the sale and you becoming the owner you will be in a position to have to deal with evicting anyone on the property - again there is a posted section on this issue.