Municipal Act, 2001
Sale of Land by Public Tender
The Corporation Of The Town Of Latchford
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 July 29, 2016 at the Town of Latchford Municipal Office, 10 Main St., Hwy 11, Latchford, Ontario.
Tax sale properties Latchford – Ontario
Description of Land(s):
PIN 61381-0176; PCL 16521 Sec Sst; LT 86 Pl M57NB Coleman S/T The Exceptions And Reservations Contained In The Grant Of The Said Land By The Temiskaming And Northern ONTARIO RAILWAY COMMISSION […]; LATCHFORD; DISTRICT OF TIMISKAMING
Minimum Tender Amount: $15,700.66
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.
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 Town of Latchford
10 Main St., Hwy 11
P.O. Box 10
Latchford, Ontario P0J 1N0
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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