TAX SALE CHANGE IN LOCATION
The tax sales now take place at the Civic Center Round Room, 320 Esplanade Sydney (Lower Level Entrance)
Registration 1pm Sale 2pm
What is a tax sale?
A description from the CBRM FAQ
Tax Sales are public auctions. Bidding starts at the amount of taxes due at the date of the sale. Bidding does not start at zero. We cannot accept partial payments or a percentage of the bid. Payment must be made in full.
A bidder must be present and can use one of the following methods of payment:
CashMoney OrderCertified ChequeLawyers Trust Cheque
If the property has six (6) years or less taxes owing, the property is subject to a six-month redemption. If the property has taxes owing over six (6) years, the deed is immediate.
If the successful bidder bids over the amount due, they have three (3) working days to submit the balance due.