Tax Sale properties Billings, Ontario P0P 1J0

sale of land by public tender

The Corporation of the Township of Billings

billings

take notice that tenders are invited for the purchase of the land(s) described below and will be received until 4:00 p.m. local time on Monday, December 19, 2016 at the municipal office:

Township of Billings

15 Old Mill Road, P.O. Box 34 Kagawong, Ontario P0P 1J0.

The tenders will then be opened in public on the same day at 7:00 p.m. at: Township of Billings

15 Old Mill Road, P.O. Box 34 Kagawong, Ontario P0P 1J0.

Description of Land(s):

PIN 47119-0386 (LT)

PT Lot 27, Con 16 Billings

being Pt 1, 31R-377

s/t debts in RM42852

and

PIN 47119-0395 (LT)

PT Lot 27, Con 16 Billings being Pts 2-4, 31R-377

s/t debts in RM42852

Township of Billings

District of Manitoulin

Roll No. 5121 000 007 12800 0000

File No. B-14-10

Minimum Tender Amount:$12,489.48

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% 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.

Note: HST may be payable by successful purchaser.

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 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:

Kathy McDonald
Clerk/Treasurer
Township of Billings
15 Old Mill Road
P.O. Box 34
Kagawong, Ontario P0P 1J0
(705) 282-2611

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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