Tax sale properties West Grey – Ontario

Tax sale properties West Grey – Ontario

Sep 28, 2016 Tax sale properties West Grey – Ontario

Tax sale properties West Grey – Ontario

Municipal Act, 2001
Sale of Land by public tender
The Corporation of the Municipality of West Grey

Take notice that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on September 29, 2016, at the West Grey Municipal Office, 402813 Grey Road #4, Durham Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the West Grey Municipal Office, 402813 Grey Road #4, Durham.

Tax sale properties West Grey - Ontario

Description of Land(s):

Roll No. 42 05 260 004 00100 0000; 204 Garafraxa St S, Durham; PIN 37317-0349(LT); Lot 7 W/S Garafraxa Rd Plan 500 and Part Lots 6 and 7 E/S Queen St, Plan 500 Durham designated Part 5 Plan 16R6114; S/T executions 05-0000209 and 99-0000316, if enforceable; West Grey; File No. 15-01

Minimum Tender Amount: $232,491.58

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, environmental contamination 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, HST if applicable 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:

Kerri Mighton, CPA, CGA, AMCT
Director of Finance/Treasurer
The Corporation of the Municipality of West Grey
402813 Grey Road #4
R. R. #2
Durham ON N0G 1R0
(519) 369-2200 X 223

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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