Properties head for auction block.
Position | Because property taxes not paid - Brief Article |
There are 126 commercial properties and 600 residential properties in Timmins that could go on the auction block for non-payment of taxes. Timmins has sent notices to property owners that their properties could be sold because taxes have not been paid in three years. Sixty per cent or $5.6 million of the city's more than $9 million in tax arrears are eligible to be registered. Registering the property would result in initial legal and administration costs of $700, total legal and administration...
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