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Mar 24, 2016 Tax sale properties Drummond/North Elmsley – Ontario

Sale of Land for Tax Arrears By Public Tender
Ventes de terrains par appel d'offres pour arriéré d'impôt

MUNICIPAL ACT, 2001

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE
TOWNSHIP OF DRUMMOND/NORTH ELMSLEY

Ontario Tax sale properties - Drummond/North ElmsleyTAKE 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 March
24, 2016, at the Drummond/North Elmsley Township
 Office, 310 Port
Elmsley Road, Perth Ontario

The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Drummond/North Elmsley Township Office,
310 Port Elmsley Road, Perth Ontario.

Description of Land(s):

Roll No. 09 19 919 020 15500 0000; 2499 Ferguson Falls, Lanark;
PIN 05168-0091(LT); Lot 9 Concession 10 Drummond; Township of
Drummond/North Elmsley; File No. 14-12
Minimum Tender Amount: $18,966.25

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, HST if applicable and
the relevant land transfer tax.

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:

Treasurer
The Corporation of the
Township of Drummond/North Elmsley
310 Port Elmsley Road
RR #5
Perth ON K7H 3C7
(613) 267-6500 Ext 215

DISCLAIMER 

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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