Notice of 2020 Tax SalePursuant to Section 645 of the Local Government Act, the following properties will be offered for sale by public auction at 10:00 am, Monday, September 28, 2020, in the Council Chambers of the Matsqui Centennial Auditorium, 32315 South Fraser Way, Abbotsford, B.C., unless delinquent taxes, plus interest thereon, are paid by cash, certified cheque, money order or bank draft prior to 4:30 pm, Friday, September 25, 2020.
The lowest amount that the propertymay be sold for is the upset price, equal to the total of delinquent taxes, arrears taxes, current taxes, penalties and interest, and 5% thereon, plus applicable fees under Land Title Act.
Those who wish to bid on properties must register and pick up their bid card between 9:00 am and9:50 am on Monday, September 28, 2020, at the Council Chambers of the Matsqui Centennial Auditorium. Photo ID and social insurance number (individuals) or business number (corporations) are required for registration. Tax Sale will begin promptly at 10:00 am.
Please note that social distancing and maximum gathering requirements will be in place. Attendees should follow the directional signage and sit only in designated areas. Any person declared to be the successful bidder must pay to the City of Abbotsford the full purchase price, by cash, certified cheque, money order or bank draft, prior to 12:00 pm on the day of the tax sale.
Failure to pay the full purchase price will result in the property being offered for sale again the following day at 10:00 am.Properties sold at the tax sale may be redeemed by the owner up to September 28, 2021, in which case, the tax sale purchase price, plus interest, will be returned to the purchaser.
For more information, contact the Tax Department at 604-864-5522 between 8:30 am and 4:30 pm, Monday to Friday.The City of Abbotsford makes no representation, express or implied, as to the condition or quality of the properties being sold.
Prospective purchasers are urged to be familiar with the properties and make all necessary inquiries to municipal or other government departments, and in the case of strata lots to the strata corporation, to determine the existence of any bylaws,
restrictions, charges or other conditions which may affect the value or suitability of the property.The purchase of a tax sale property is subject to tax under the Property Transfer Tax Act on the fair market value of the property.
Property details at
https://www.abbotsford.ca/Assets/2014+A ... Sep+8).pdf