Ontario Tax Sale properties Loyalist Township

Ontario Tax Sale properties Loyalist Township

 
Sale of Lands for Tax Arrears
by Public Tender

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF LOYALIST TOWNSHIP
Aug 16,2017 Ontario Tax Sale properties Loyalist Township

TAKE NOTICE that tenders are invited for the purchase of the lands
described below and will be received until 3:00 p.m. local time on
Wednesday, August 16, 2017 at the Municipal Office, 263 Main Street,
Odessa, Ontario K0H 2H0. The tenders will then be opened in public
on the same day at 3:15 p.m. local time at the Municipal Office.
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Aug 16,2017 Ontario Tax Sale properties Loyalist Township Description of Land(s):

Parcel 1 – Roll No. 1104 010 100 14100 0000
Pt Lt 27 Con 1 Ernestown; Pt Lt 27 Con Broken Front Ernestown; Pt
RDal Btw Con 1 & Con Broken Front Ernestown Closed by LA45719,
Pt 7 29R6864 & As In LA160469, S/T Debts in LA160469; Loyalist
PIN 45132-0057 (LT)
Minimum Tender Amount: $5,694.35

Parcel 2 – Roll No. 1104 010 100 12650 0000
Part of Lot 25, Concession 1, geographic Township of Ernestown,
being Part 1, 29R8025 and Part 1, 29R8045, Loyalist Township PIN
45129-0137
Minimum Tender Amount: $519,549.78

Tenders must be submitted in the prescribed form and must be
accompanied by a deposit in the form of a money order or of a bank
draft or cheque certified by a bank or trust corporation payable to
the municipality and representing at least 20 per cent of the tender
amount.

Except as follows, the municipality makes no representation regarding the
title to or any other matters relating to the land to be sold. Responsibility
for ascertaining these matters rests with the potential purchasers. The
lands do not include the mobile homes situate on the lands, if applicable.
This sale is governed by the Municipal Act, 2001 and the Municipal
Tax Sales Rules made under that Act. The successful purchaser will
be required to pay the amount tendered plus accumulated taxes and
any relevant land transfer tax and Harmonized Sales Tax, if applicable.
The municipality has no obligation to provide vacant possession to the
successful purchaser.
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Further information regarding this sale and a copy of the prescribed
form of tender are available on the Township website at www.loyalist.
ca or by contacting:

Maureen Sharpe
Property Tax Division
msharpe@loyalist.ca
The Corporation of the Loyalist Township
263 Main St. P.O. Box 70
Odessa, Ontario, K0H 2H0
613 386-7351 ext. 119

DISCLAIMER

We believe the information contained in this article to be accurate.
It is presented with the understanding that we are not engaged in rendering legal,
accounting, or investment advice. When professional assistance is required,
utilize the services of a licensed real estate broker, lawyer, accountant,
or other consultant as may be required.

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