SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE MUNICIPALITY OF ARRAN-ELDERSLIE
Sale of Lands for Tax Arrears
by Public Tender Ontario, Canada
TAKE NOTICE that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on July 6, 2017, at the Municipal Office, 1925 Bruce Road #10, Chesley Ontario
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, 1925 Bruce Road #10, Chesley.
Jul 6,2017 Ontario tax sale properties Arran-Elderslie Description of Land(s):
Roll No. 41 03 390 002 15100 0000; 207 1st Ave. S, Chesley; PIN 331860207(LT); Part Lot 5 Plan 227 as in R286317, S/T & T/W R286317; Arran-Elderslie. File No. 15-06
Minimum Tender Amount: $30,255.65
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, crown interests or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.
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, HST if applicable and the relevant land transfer tax.
The municipality has no obligation to provide vacant possession to the successful purchaser.
For further information regarding this sale and a copy of the prescribed form of tender contact:
The Corporation of the
Municipality of Arran-Elderslie
1925 Bruce Road #10
P.O. Box 70
Chesley ON N0G 1L0
519-363-3039 Ext. 34
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.