April 14, 2016 Tax sale properties Malahide – Ontario
Tax sale properties Malahide – 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 MALAHIDE
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
Thursday, April 14, 2016, at the Municipal Office, 87 John Street South,
Aylmer West, ON N5H 2C3.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Municipal Office, 87 John Street South,
Aylmer West.
Description of Land(s):
ROLL NO. 34 08 000 001 03500 0000, PIN 35316−0161 LT, PT LT 4
CON 1 MALAHIDE PT 2 11R4984; T/W E335055; MALAHIDE, FILE
ENME14-001-TT
Minimum Tender Amount: $7,196.95
ROLL NO. 34 08 012 001 06900 0000, 51101 RON MC NEIL LINE, PIN
35287−0157 LT, LT 5 PL 87 MALAHIDE; PT LT 4 PL 87 MALAHIDE
AS IN E416227; MALAHIDE, FILE ENME14-005-TT
Minimum Tender Amount: $56,533.61
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 (or board) and representing at least 20 per cent of the tender
amount.
Except as follows, the municipality makes no representation regarding
the title to, existing interests in favour of the Crown, environmental
concerns or any other matters relating to the land(s) to be sold. Any
existing Federal or Provincial Crown liens or executions will remain
on title and may become the responsibility of the potential purchaser.
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.
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:
Deputy Treasurer/Tax Collector
The Corporation of the Township of Malahide
87 John Street South
Aylmer West, ON N5H 2C3
(519) 773-5344 Ext. 236
www.malahide.ca
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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