Sep 27,2018 Ontario Tax Sale Properties Laurentian Valley SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE
TOWNSHIP OF LAURENTIAN VALLEY
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 27, 2018, at the Laurentian Valley Municipal Office, 460 Witt Rd., Pembroke Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Laurentian Valley Municipal Office, 460 Witt Rd., Pembroke.
Description of Land(s):
Roll No. 47 66 074 055 14300 0000; 516 Schwan Rd., Pembroke; PIN 57130-0049 (LT); Part Lot 25, Concession A, Alice, as in R374127; Alice & Fraser; File No. 16-01
Minimum Tender Amount: $105,087.02
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, crown interests, or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. Any interests of the Federal or Provincial Crown encumbering the land at the time of the tax sale will continue to encumber the land after the registration of the tax deed.
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:
Charlene Jackson, AMCT, Dipl.M.M.
The Corporation of the
Township of Laurentian Valley
460 Witt Rd.
Pembroke ON K8A 6W5