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Can the original owner ever redeem the property if Im the successful purchaser?

April 26, 2017original owner Property purchaser redeem successful

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Can the original owner ever redeem the property if Im the successful purchaser?

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The answer to this question depends on the province. In some provinces, such as Ontario, there is no opportunity to redeem. The tax sale is final and the successful bidder or tenderer immediately gets clear title to the property. 5. What happens if I/we are the highest bidder and decide not to follow through with the agreement with the tender to purchase ? The highest bidder he /she will then lose their deposit .The 2nd highest bidder will now agree to follow his or hers agreement with the tender to purchase.