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Author Topic: How to deal with existing Crown liens  (Read 26985 times)

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jwjonker

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How to deal with existing Crown liens
« on: October 17, 2007, 08:00:44 PM »
 ???

So....you've won the property, which you purchased on a whim. :o

Then you discover there is an existing Crown Lien against the property...

What do you do?

Can you resell ? obviously the lien is going to impact you

Anyone out there with a "story" to tell?
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Frank

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Re: How to deal with existing Crown liens
« Reply #1 on: October 18, 2007, 12:47:43 AM »
Quote from: jwjonker on October 17, 2007, 08:00:44 PM
???

So....you've won the property, which you purchased on a whim. :o

Then you discover there is an existing Crown Lien against the property...

What do you do?

Can you resell ? obviously the lien is going to impact you

Anyone out there with a "story" to tell?


Are you making this up, or did you really buy this Crown liened property.  The nearest story I have is when I saw a guy walk from his deposit after he found out - ie. he didn't close the deal, and the Municipality kept the deposit.  Why on earth wouldn't you have done a search before bidding on the property?????? ???
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