Ontario Tax Sale properties Mississippi Mills
municipal act, 2001
Mar 10,,2017 Ontario Tax Sale properties Mississippi Mills
sale of land by public tender
The Corporation of the Municipalityof Mississippi Mills
take notice that tenders are invited for the purchase of the land (s) described below and will be received until 3:00 p.m. local time on Friday the 10th day of March, 2017 at the Municipal Office, 3131 Old Perth Road, Almonte, Ontario K0A 1A0
The tenders will be accepted in a sealed envelope and clearly marked with the PIN and the roll number of the property for which the tender is submitted. A separate tender must be submitted for each property. Tenders will then be opened in public on the same day at the Municipal Office Council Chambers at 3:05 p.m.
Description of Land(s):
Unit 1, Level A, Lanark Standard Condominium Plan No. 18 and its appurtenant interest; subject to and together with easements as set out in Schedule A as in LC93401; subject to an easement in gross over parts 4, 5, 6, 27R79655 as in LC95610
Municipality of Mississippi Mills, County of Lanark
PIN 05718-0022 LT
Roll Number 0931 030 030 04608 0000
Minimum Tender Amount:$99,552.76
The sale of these properties is subject to cancellation up to the time of the tender opening without any further notice. The minimum tender amount represents the cancellation price as of the first day of advertising.
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 including environmental 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, penalties and interest, HST if applicable, and the relevant land transfer tax within 14 calendar days of being notified as the successful purchaser.
The municipality does not provide an opportunity for potential purchasers to view properties. 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:
3131 Old Perth Road
Almonte, ON K0A 1A0
(613) 256-2064 ext. 262
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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