Frequently asked questions

FAQ Manual

Quick answers before you browse

1

What are accumulated taxes?

Extra taxes, interest or fees that may be due before closing. Confirm the amount with the municipality.

2

Can a tax sale be cancelled?

Yes. A sale can be cancelled if debts are paid or the authority withdraws the property.

3

What deposit is required?

Deposit rules vary by sale. Check the official notice before participating.

4

Do GST, HST or QST apply?

Sometimes. Tax treatment depends on the property and buyer status.

5

What is land transfer tax?

A tax paid when property ownership transfers. Amounts vary by province and purchase price.

6

Why do a title search?

It can reveal mortgages, liens or restrictions before you buy.

7

Can an offer be withdrawn?

Often no. Review the sale rules before submitting any offer.

8

What does assessed value mean?

It is usually used for property tax purposes, not guaranteed market value.

9

How is potential upside estimated?

Compare sale price with estimated value, then verify with your own research.

10

What does Inactive status mean?

The property is no longer active, usually sold or withdrawn.