SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE
TOWNSHIP OF FRONT OF YONGE
Nov 22,2018 Ontario tax sale properties Front of Yonge
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 November 22, 2018, at the Front of Yonge Township Office, 1514 County Rd. 2, Mallorytown Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Front of Yonge Township Office, 1514 County Rd. 2, Mallorytown.
Description of Land(s):
Roll No. 08 06 000 015 05400 0000; 1777 County Rd. 2, Mallorytown; PIN 44200-0180 (LT); Part Lot A Concession 1 Yonge as in YO13612 & Part 2 28R7990; Front of Yonge; File No. 17-04 Minimum Tender Amount: $23,090.41
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 municipality advises that the dwelling on the property has been destroyed by fire since the last returned assessment roll.
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 taxes that may be applicable, such as a land transfer tax and HST.
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:
Sherry Reed, CPA, CMA, AMCT
The Corporation of the
Township of Front of Yonge
1514 County Rd. 2
PO Box 130
Mallorytown ON K0E 1R0