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Canadian Real Estate

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Jonathan Woods
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Private Auction Vacant Land

Jonathan Woods
Posted Oct 9 2019, 18:39

I have come across many houses and vacant lands being auctioned and raffled. I have a vacant piece of land and would like to know ruled and regulations on this. Taxes, maximum time for auctions, starting numbers etc. everything and anything would be appreciated.

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Anthony Dooley
  • Investor
  • Columbus, GA
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Anthony Dooley
  • Investor
  • Columbus, GA
Replied Oct 9 2019, 19:00

Nobody can answer this question without more information. I recommend asking your local city government these questions.

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Gagan P.
  • Real Estate Investor
  • Austin, TX
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Gagan P.
  • Real Estate Investor
  • Austin, TX
Replied Oct 9 2019, 20:10

I believe for a raffle you have to register as a lottery. Auction is a different story, and you can find many auctioneers who can better guide you. Also depends on your province.

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