MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF NORWICH
TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties Norwich – Ontario land described below and will be received until 3:00 p.m. local time on September 1, 2016, at the Township of Norwich Municipal Office, 285767 Airport Road, Norwich ON N0J 1P0.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Township of Norwich Municipal Office, 285767 Airport Road, Norwich.
Tax sale properties Norwich – Ontario
Roll No. 32 02 010 040 09600 0000; 456 Main St E, Springford; PIN 00055-0121(LT); Part Lot 21 Concession 8 South Norwich designated Part 3, Plan 41R6579; Norwich; File No. 14-06
Minimum Tender Amount: $25,754.61
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 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:
Director of Finance/Treasurer
The Corporation of the Township of Norwich
285767 Airport Road
Norwich, ON N0J 1P0
519-468-2410 x 233
Web site: www.twp.norwich.on.ca
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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