Sale of land by Public Tender, Leamington – Ontario

municipal act, 2001
May 10,,2017 Ontario Tax Sale properties Leamington
sale of land by public tender

The Corporation of the Municipality of Leamington


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 May 10, 2017, at the Leamington Municipal Building, 111 Erie Street North, Leamington Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Leamington Municipal Building, 111 Erie Street North, Leamington.

Description of Land(s):

Roll No. 37 06 580 000 05700 0000; 273 Mersea Road 15, Leamington; PIN 75098-0146 (LT); Part Lot 233 Concession South Talbot Rd Mersea as in instrument R446356; Leamington. File No.15-19

Minimum Tender Amount:$20,224.51

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. If your deposit is made by way of cash, or by way of a draft, office or certified cheque by a credit union, your tender will be rejected. Responsibility for ascertaining these matters rests with the potential purchasers.

The land was previously advertised for a sale to be held on the 8th day of March, 2017 but the sale was postponed.

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.

A fee of $10.00 + HST will be charged for each tender package.

For further information regarding this sale and a copy of the prescribed form of tender, visit: http://www.OntarioTaxSales.ca or if no internet access available, contact:

Dolores Jeffery
Tax Clerk
The Corporation of the Municipality of Leamington
111 Erie Street North
Leamington ON N8H 2Z9
519-326-5761 Ext. 1213
http://www.leamington.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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