多伦多一个被拍卖的也是说3年不付款就准备开始拍卖了,没有找到您说的7年的法规。
ISSUE BACKGROUND Tax Sale Process Where a property has unpaid property taxes owing for three (3) or more years, the City may recover such arrears by selling the property in accordance with the tax sale provisions in Part XIV of the Act. Tax sale proceedings are commenced after all other collection efforts have been exhausted. If staff are unable to achieve payment or a firm, suitable repayment plan to address the arrears of taxes, they register a Tax Arrears Certificate on title to the property. The debtor has one year from the date of registration of a Tax Arrears Certificate to pay the cancellation price in full (which includes all of the outstanding taxes, accrued penalties and interest, and costs). Failing payment within that year, or the entering into of an extension agreement, the Treasurer is required to proceed to a sale of the property through a public auction or public tender. The minimum tender allowed at a Tax Sale is the amount of all outstanding taxes, accrued penalties and interest, together with all reasonable costs incurred by the City in the tax sale process. This amount is referred to as the cancellation price. The City is required to accept the highest tender submitted for the property, so long as it meets or exceeds the cancellation price. After a Tax Sale, any monies received by the City for a property, in excess of the cancellation price, are paid into Court. Pursuant to the provisions of section 349 of the Act, City Council may pass a by-law, before the expiry of the one-year redemption period, authorizing an extension agreement extending the period of time in which the cancellation price is to be paid provided that such an agreement does not reduce the amount of the cancellation price or prohibit any person from paying the cancellation price at any time. If the terms of the extension agreement are not fulfilled by the owner, then the lands are to be sold by the City.