Sale of Lands for Tax Arrears by Public Tender
Aug 27,2018 Ontario Tax Sale Properties Township of Machar
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF MACHAR
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 the 27th day of August, 2018, at the Township Offices, 73 Municipal Rd. N., P.O. Box 70, South River, Ontario, P0A 1X0.
The tenders will then be opened in public on the same day at 6:30 p.m.
at the Township Offices.
Description of Land(s):
PCL 6285 SEC NS; PT LT 5 CON 1 MACHAR AS IN LT36611 EXCEPT LT42815; S/T LT45125; MACHAR. BEING ALL OF PIN 52061-0163 (LT). ROLL # 49 54 000 001 02100.
Minimum Tender Amount: $7,203.02
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 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, as amended and the Municipal Tax Sales Rules, as amended, made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes and the relevant land transfer tax.
The municipality has no obligation to provide vacant possession to the successful purchaser.
Note: H.S.T. may be payable by successful purchaser.
For further information regarding this sale and a copy of the prescribed form of tender contact:
The Corporation of the Township of Machar
73 Municipal Rd. N., P.O. Box 70
South River, ON, P0A 1X0