Municipal Act, 2001
Sale of Land by public tender
The Corporation of the Municipality of Markstay-Warren
Take notice that tenders are invited for the purchase of the Tax sale properties Markstay-Warren – Ontario land(s) described below and will be received until 3:00 p.m. local time on Thursday, November 10, 2016, at the Municipal Office, P.O. Box 79, 21 Main Street S., Markstay, ON P0M 2G0.
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, 21 Main Street S., Markstay.
Tax sale properties Markstay-Warren – Ontario
Description of Land(s):
roll no. 52 08 000 002 07000 0000, 65 rutland ave, pin 73466-0581 lt, lt 209 pl 2d dunnet; markstay−warren, file symw14-001-tt
Minimum Tender Amount:
$26,867.04
roll no. 52 08 000 002 09301 0000, pin 73466-0699 lt, lt 17 rcp 84s dunnet; markstay−warren, file symw14-003-tt
Minimum Tender Amount:
$23,291.12
roll no. 52 08 000 002 10900 0000, 12 rutland ave, pin 73466−0707 lt, lt 26 rcp 84s dunnet; markstay−warren, file symw15-002-tt
Minimum Tender Amount:
$19,270.32
roll no. 52 08 000 003 15802 0000, rabbit trail rd, pin 73486-0339 lt, pt lot 11 con 6 ratter being pt 5 53r18788; markstay−warren, file symw15-003-tt
Minimum Tender Amount:
$6,933.99
roll no. 52 08 000 003 15803 0000, rabbit trail rd, pin 73486-0338 lt, pt lot 11 con 6 ratter being pt 4 53r18788; markstay−warren, file symw15-004-tt
Minimum Tender Amount:
$6,720.31
roll no. 52 08 000 004 05400 0000, pin 73485−0177 lt, pcl 12541 sec ses; pt broken lt 2 con 1 hagar as in lt70713 except lt183455, lt204437; markstay−warren, file symw15-007-tt
Minimum Tender Amount:
$5,332.99
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 (or board) and representing at least 20 per cent of the tender amount. Please note that a deposit made by way of a money order or of a bank draft or cheque certified by a Caisse Populaire or a credit union is not an acceptable form of payment and will be rejected.
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:
Celine Anderson
Treasurer/Deputy Clerk
The Corporation of the
Municipality of Markstay-Warren
P.O. Box 79, 21 Main Street S.
Markstay, ON P0M 2G0
(705) 853-4536 Ext. 203
http://www.markstay-warren.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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