Frequently asked questions

Your bid may not be considered as part of the process.

Send an email to [email protected]. We’ll explain the procedure

In most cases, the deposit is calculated in accordance with the following rules:

• 15% of the value of movable property;
• 5% of the value of immovable property;
• 0% for bids under $50,000.

However, in rare cases, the bids process may be subject to other terms and conditions. You must accept any such terms and conditions when submitting a bid.

If your bid is rejected, your deposit will be refunded. However, in the vast majority of cases, if your bid is accepted and you choose to withdraw it, your deposit will not be refunded. This sum will be retained by the seller as damages. Please refer to the terms and conditions of sale for further details regarding non-compliant bids.

Only successful bidders will be contacted.

If your bid was not retained:

• When we receive a deposit, we send a written confirmation notice to the bidder;
• For all other bidders, no confirmation notices are sent, but the Trustee’s decision may be posted on their website.

The Trustee is not required to accept the highest bid nor any other bid whatsoever, and reserves the right to dispose of the assets in any other manner under the law.

Please contact the Consultant in charge.

The terms and conditions of property inspections are indicated in the invitation to bid. Please refer to this information or contact the Consultant in charge.

Your bid may not be retained.

Absolutely! However, the terms are outlined in the conditions. You must mention that the offer is for more than one asset and ensure the bid amounts are allocated as required in advance.

Please note that this breakdown will be considered definitive once your bid has been accepted.

Yes, it is! In accordance with Section 5.5, a bid may be delivered by hand or sent by email or fax. It must be addressed to the person designated in the invitation to bid, specifying that the original was delivered to the Raymond Chabot Inc. office in the city in question.

Please note that the bidder is responsible for ensuring their bid was received by the recipient.

While bids are based on an approximate market value, taxes may be added to this value.