Sale of Lands for Tax Arrears by Public Tender Jul 16, 2018 Ontario tax sale properties Tweed SALE OF LAND BY PUBLIC TENDER
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE MUNICIPALITY OF TWEED 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 Monday, July 16, 2018, at the Municipality of Tweed Office, 255 Metcalf Street, Tweed, ON K0K 3J0.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipality of Tweed Office, 255 Metcalf Street, Tweed, ON K0K 3J0.
Description of Land(s):
Property No. 1: Pt Lt 2 Con 4 Elzevir as in QR464766 Except QR96044, Pt 2 Pl 2030; S/T Beneficiaries Interest in QR464765; Tweed; County of Hastings PIN 40260-0179 (LT).
Property Roll No. 12-31-132-010-12800-0000
Minimum Tender Amount: $6,751.92
Property No. 2: Pt Lt 70 N/S Store St, 71 N/S Store, 72 N/S Store St Pl Bridgewater as in QR464766 Except Pt 4 21R8762; S/T Beneficiaries Interest in QR464765; Tweed; County of Hastings PIN 40260-0079 (LT). Property Roll No. 12-31-132-010-13000-0000 Minimum Tender Amount: $6,062.77
Property No. 3: E 1/2 Lt 32 Con 1 Elzevir; Tweed; County of Hastings PIN 40252-0092 (LT). Property Roll No. 12-31-132-015-10500-0000 Minimum Tender Amount: $6,240.32
Property No. 4: Lt 50 RCP 2329 Hungerford; T/W QR572873; Tweed; County of Hastings PIN 40295-0112 (LT).
Property Roll No. 12-31-328-015-02658-0000
Minimum Tender Amount: $8,461.91
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 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.
Prior to registration of the tax sale deed a part of the tax deed must be completed by the Ministry of Northern Development and Mines to state whether the tax sale separates the surface rights from the mining rights, a process which takes about ten days.
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:
The Corporation of the
Municipality of Tweed
255 Metcalf St., Postal Bag 729
Tweed, ON K0K 3J0