Sale of land by public tender Machar, Ontario

Sale of land by public tender Machar, Ontario

 

Apr 24,2017 Ontario Tax Sale properties Machar
sale of land by public tender

The Corporation of the Township of Machar

take notice that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 p.m. local time on the 24th day of April, 2017, at the Township Offices, 73 Municipal Rd. N., P.O. Box 70, South River, Ontario, P0A 1X0.

The tenders will then be opened in public on the same day at 6:30 p.m. at the Township Offices.

Description of Land(s):

pcl 16086 sec ns; pt lt 16 con 6 machar pt 2 42r10779; machar. being all of pin 52056-0110 (lt). roll # 49 54 000 002 02210.

Minimum Tender Amount:$6,050.54

 

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.

This sale is governed by the Municipal Act, 2001, as amended and the Municipal Tax Sales Rules, as amended, made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes and the relevant land transfer tax.

The municipality has no obligation to provide vacant possession to the successful purchaser.

Note: H.S.T. may be payable by successful purchaser.

For further information regarding this sale and a copy of the prescribed form of tender contact:

Angela Loney,
Treasurer/Deputy Clerk
The Corporation of the Township of Machar
73 Municipal Rd. N., P.O. Box 70
South River, ON, P0A 1X0
(705) 386-7741
http://www.machartownship.net

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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