What is the impact of a sheriff’s sale on the value of a property?

Nova Scotia, Canada


The following excerpt is from K.A.R. v P.J.T., 2018 NSSC 4 (CanLII):

As stated at paragraph 63 of Clark v. Kelly, 2002 NSSF 33: “It would be obvious to the parties that a sheriff’s sale will add to the expense and is most likely to promote a dramatically lower than market value sale price.”

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