Municipal Act, 2001
Sale of Land by public tender
The Corporation of Loyalist Township
Take notice that tenders are invited for the purchase of the Tax sale properties Loyalist – Ontario lands described below and will be received until 3:00 p.m. local time on Wednesday, September 28, 2016 at the Municipal Office, 263 Main Street, Odessa, Ontario K0H 2H0. The tenders will then be opened in public on the same day at 3:15 p.m. local time at the Municipal Office.
Tax sale properties Loyalist – Ontario
Parcel 1 – Roll No. 1104 010 080 05150 0000
Part of Lot 34, Broken Front Concession, being Part 2, 29R-3903, geographic Township of Ernestown, now in Loyalist Township, County of Lennox and Addington.
Minimum Tender Amount: $16,606.60
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. The lands do not include the mobile homes situate on the lands, if applicable.
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 any relevant land transfer tax and Harmonized Sales Tax, if applicable. The municipality has no obligation to provide vacant possession to the successful purchaser.
Further information regarding this sale and a copy of the prescribed form of tender are available on the Township website at http://www.loyalist.ca or by contacting:
Property Tax Division
The Corporation of the Loyalist Township
263 Main St. P.O. Box 70
Odessa, Ontario, K0H 2H0
613 386-7351 ext. 119
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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