Overview
Each province in Canada has its own rules and processes for tax sales. Always consult local regulations and consider hiring a lawyer familiar with Newfoundland and Labrador's tax sale process.
Newfoundland and Labrador Key Facts
Redemption Period
6 months
Sale Type
Public Auction
Payment & Costs (Newfoundland and Labrador)
Starting Bid
Total arrears + costs
Payment Required
Typically full amount
Redemption
6 months
Payment Method
Certified cheque / bank draft
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Due Diligence Tips for Newfoundland and Labrador
Title Search
Always conduct a title search before bidding to identify liens and encumbrances.
Verify Boundaries
Check property boundaries and access rights before bidding.
Environmental History
Research the property's environmental history for potential contamination.
Legal Advice
Consult a local real estate lawyer familiar with Newfoundland and Labrador tax sales.
Full Costs
Account for legal fees, potential repairs, and carrying costs.
Site Visit
Drive by and observe from public areas to assess condition.
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