Sale of Land by Public Tender – Bayham

municipal act, 2001


Jun 14,2017 Ontario tax sale properties Bayham
sale of land by public tender


The Corporation of the Municipality of Bayham

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 June 14, 2017, at the Bayham Municipal Office, 56169 Heritage Line, Straffordville Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Bayham Municipal Office, 56169 Heritage Line, Straffordville.

Jun 14,2017 Ontario tax sale properties Bayham Description of Land(s):

Roll Nos. 34 01 002 001 26300 0000 & 34 01 002 001 29001 0000;12 Bodsworth Lane & 44 Pitt, Port Burwell; PIN’s 35324-0199(R), 35324-0205(R) & 35324-0206(R); Part of Lot 15, Plan 197, as in Instrument No. E267134 (Firstly), Easement PINS 35324-0198(LT), 35324-0217(LT), 35324-0197(LT), 35324-0196(LT), 35324-0193(LT), 35324-0191(LT) and 35324-0192(LT); Part of Lots 14 and 15, South Side of Pitt Street, Plan 197, as in Instrument No. E239718; Part of Lots 14 and 15, South Side of Pitt Street, Plan 197, being Part 6 on Reference Plan 11R78, All being in the Village of Port Burwell, in the Municipality of Bayham, in the County of Elgin. File No.s 16-08 & 16-09

Minimum Tender Amount:
$26,019.06

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 the land to be sold, including any interests of the Federal or Provincial Crown that continue to encumber the land after the registration of the tax deed, 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
Jun 14,2017 Ontario tax sale properties Bayham contact:

Lorne James CPA, CA
Treasurer
The Corporation of the Municipality of Bayham
56169 Heritage Line
P.O. Box 160
Straffordville ON N0J 1Y0
(519) 866-5521
or: ljames@bayham.on.ca

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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