How tax sales are conducted
We conduct tax sales through a public tender process. Tenders are accepted as soon as advertisements begin. We advertise for 4 weeks, with tenders accepted for an additional week following this. At the same time, we send a final notice to property owners, registered interested parties, and surrounding properties to inform them that the property is being advertised.
Tenders can be submitted until 3 p.m. on the deadline date, and the Treasurer then opens the sealed envelopes as soon as possible following 3 p.m.
If a property receives one or more sufficient tenders, the highest bidder is notified by mail and must pay their full bid amount within 14 days. If they do not pay within 14 days, their deposit is forfeited and the offer goes to the second-highest bidder.
After a successful tax sale, anyone registered on the title, except for provincial or federal liens, loses their interest in the property.
If there are no bids
Any failed tax sales (no bids or qualified bids) can be re-advertised. If it remains unsold after two years, Haldimand County may vest the property.