Sale of Land by Public Tender, Perth East – Ontario

municipal act, 2001
May 3,,2017 Ontario Tax Sale properties Perth East
sale of land by public tender

The Corporation of the Township of Perth East

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 3, 2017, at the Perth East Municipal Office, 25 Mill St. East, Milverton Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Perth East Municipal Office, 25 Mill St. East, Milverton.

Description of Land(s):

Roll No. 31 10 320 004 13000 0000; 8468 Line 86, Listowel; PIN 53050-0024(LT); Part Lot 7, Concession 14 Mornington, as in R354026; Perth East; File No. 09-13

Minimum Tender Amount:
$41,160.01

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 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:

Loretta Wicke
Property Tax Clerk
The Corporation of the Township of Perth East
PO Box 455
25 Mill St. East
Milverton ON N0K 1M0
519-595-2800 ext. 228
http://www.pertheast.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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