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Sale of Land for Tax Arrears By Public Tender

Ventes de terrains par appel d'offres pour arriéré d'impôt

MUNICIPAL ACT, 2001

Tax sale properties Bonnechere, Ontario

Tax sale properties Bonnechere, OntarioSALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF BONNECHERE VALLEY

 

 

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 9th day of March, 2016, at 49 Bonnechere Street East, Eganville, Ontario. The tenders will then be opened in public on the same day at 3:30 p.m. local time at the Municipal Office.

Description of Land(s):

Part Lot 14, Concession 13, as in Instrument No. R190803, s/t R225563, geographic Township of Sebastopol, now in the Township of Bonnechere Valley, County of Renfrew. PIN: 57465-0013 (LT)
Minimum Tender Amount: $8,010.09

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, the relevant land transfer tax, and HST, if applicable.

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

The land does not include the mobile home situate on the land, if
applicable.

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

Sandra Barr
Deputy CAO
The Corporation of the
Township of Bonnechere Valley
49 Bonnechere Street East
P.O. Box 100
Eganville, ON K0J 1T0

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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