SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF NORFOLK COUNTY
Take Notice that tenders are invited for the purchase of the Tax Sale properties Norfolk land(s) described below and will be received until 3:00 p.m. local time on Thursday, January 28, 2016, at the Municipal Office, 50 Colborne Street S., Simcoe, ON N3Y 4H3.
Tax Sale properties Norfolk
Description of Land(s):
ROLL NO. 33 10 337 040 19152 0000, PIN 50256-0176 LT, PCL 52−1 SEC 37M25; BLK 52 PL 37M25 S/T LT6499; S/T LT6164; NORFOLK COUNTY, FILE NKNK14-003-TT
Minimum Tender Amount: $7,972.11
ROLL NO. 33 10 401 009 12700 0000, 41-43 NORFOLK ST S, PIN 50235-0358 LT, LT 8 BLK 86 PL 182 S/T NR425274; NORFOLK COUNTY, FILE NKNK14-005-TT
Minimum Tender Amount: $300,518.95
ROLL NO. 33 10 492 008 01600 0000, 148 IMPERIAL ST, PIN 50164-0116 LT, PT LT 10−11 PL 237 AS IN NR402834; NORFOLK COUNTY, FILE NKNK14-008-TT
Minimum Tender Amount: $93,623.44
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 (or board) and representing at least 20 per cent of the tender amount.
Except as follows, the municipality makes no representation regarding the title to, existing interests in favour of the Crown, environmental concerns or any other matters relating to the land(s) to be sold. Any existing Federal or Provincial Crown liens or executions will remain on title and may become the responsibility of the potential purchaser. 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 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:
Mrs. Sue Boughner
Tax Collector/Manager Revenue & Taxation
The Corporation of Norfolk County
50 Colborne Street S.
Simcoe, ON N3Y 4H3
(519) 426-5870 Ext. 1280
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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