Municipal Act, 2001
Sale of Land by public tender
The Corporation of the Municipality of Tweed
Take notice that tenders are invited for the purchase of the Tax sale properties Tweed – Ontario land(s) described below and will be received until 3:00 p.m. local time on Tuesday, November 15, 2016, at the Municipality of Tweed Office, 255 Metcalf Street, Tweed, ON K0K 3J0.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipality of Tweed Office, 255 Metcalf Street, Tweed, ON K0K 3J0.
Tax sale properties Tweed – Ontario
Description of Land(s):
Property No. 1: South East Quarter of Lot 13 Concession 5 Township of Elzevir now the Municipality of Tweed County of Hastings PIN 40253 0067 (R).
Property Roll No. 12-31-132-015-24700-0000.
Minimum Tender Amount: $8,594.33
Property No. 2: Pt Lt 2 Con 8 Elzevir as in QR456104 S/T Debts in QR456104; Tweed; County of Hastings PIN 40263 0086 (LT).
Property Roll No. 12-31-132-010-27100-0000.
Minimum Tender Amount: $9,506.51
Property No. 3: Pt Lt 15 Con 6 Elzevir as in QR623289; Tweed; County of Hastings PIN 40253 0076 (LT).
Property Roll No. 12-31-132-015-28500-0000.
Minimum Tender Amount: $5,321.29
Property No. 4: Pt Lt 16 Con 6 Elzevir as in QR656401; Tweed; County of Hastings PIN 40250 0084 (LT).
Property Roll No. 12-31-132-015-28900-0000.
Minimum Tender Amount: $5,030.52
Property No. 5: Pt Lt 28 Con 12 Hungerford Parts 1 & 2 21R2059; Tweed; County of Hastings PIN 40264 0082 (LT).
Property Roll No. 12-31-328-035-26500-0000.
Minimum Tender Amount: $9,096.25
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 and the relevant land transfer tax. Prior to registration of the tax sale deed a part of the tax deed must be completed by the Ministry of Northern Development and Mines to state whether the tax sale separates the surface rights from the mining rights, a process which takes about ten days.
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:
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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