Feb 29, 2016 Tax sale properties Faraday, Ontario
Tax sale properties Faraday, Ontario
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF FARADAY
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 February
29th, 2016 at 29860A-B Highway 28 South, Bancroft, Ontario K0L 1C0
Description of Land(s):
LT 11 RCP 2316 SRO FARADAY; COUNTY OF HASTINGS
PIN 40060-0099 (LT)
Municipally known as 28396 Highway 28 South, Bancroft, Ontario
Roll #12-58-000-015-33600-0000
Minimum Tender Amount: $16,265.99
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 and the relevant land
transfer tax. And H.S.T., if applicable.
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:
Ms. Brenda Vader
Clerk-Treasurer
The Corporation of the Township of Faraday,
29860A-B Highway 28 South,
Bancroft, Ontario K0L 1C0
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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