Anthony Brent Morgan Receives $ 352,316.28 Settlement for Real Estate Sold by Sparam Chain Township
Residents of British Columbia have been awarded compensation of approximately $ 350,000 from the town of Sparmuchin.
Anthony Brent Morgan, a 57-year-old carpenter, lost his home without telling him when the local government sold his home for a “dollar penny” in September 2017.
According to the summary given in Court documents, Morgan became a registered owner of the property in January 2011 after seeing the property in October 2010. At that point, “I discovered that a 9.37-acre vacant lot at the time was for sale at an affordable price, and the possibility of a vendor’s recovery mortgage at a reasonable rate. Was included. “
“Negotiating with then-owner Jensen, the plaintiff buys real estate for $ 160,000 with a down payment of $ 40,000 and a mortgage to Mr. Jensen (” mortgage “) for $ 116,000 (including $ 10,000). We have reached an agreement. To supply water to the property). Mortgage payments have been agreed for about $ 1,000 per month, “a court document said.
Before living in town, Morgan spent much of his adult life in Sally before returning to the North Okanagan region, where he was raised to establish new family roots and start a new carpentry business. He chose to find a new home in the Vernon area by liquidating his property.
As court documents summarize, Morgan was trying to improve properties, install utilities, and build roofing systems. He eventually tried to build houses, barns, and workshops for the benefit of his business, but over the next few years he began to experience some difficulty in paying his property.
“Plaintiffs tried to continue trading in Vernon, but had financial difficulties,” the document said.
“He struggled to pay the property tax annually on real estate and was overdue. By September 2017, he had to pay about $ 6,700 in property tax. September 24, 2017. On the day, the defendant sold the property for $ 11,300 for an annual property tax sale. The redemption period for the property ended on September 24, 2018, one year later. “
Judge GP Wetherill has determined that the municipality is empowered to sell the property to recover the delinquent tax, but will notify the owner and be given a one-year redemption period. You need to do so. In this case, Wetherill concluded that “plaintiffs were unaware of the tax sale or redemption period until the redemption date expired.”
Going further, Wetherill stated that the result of this was that Morgan was unable to maintain its property and then enjoy the benefits of its increased value over time.
Therefore, the town of Sparmuchen acknowledged their mistake and agreed to pay Morgan a settlement of $ 352,316.28. It stands for “the value of the asset on the day of the trial ($ 360,000) minus the delinquent tax ($ 7,683.72)”.