Municipal Act, 2001
Sale of Land by Public Tender – The Corporation of the Municipality of Strathroy-Caradoc
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, July 7, 2016, at the Municipal Office, 52 Frank Street, Strathroy, ON N7G 2R4.
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, 52 Frank Street, Strathroy.
Tax Sale properties Strathroy-Caradoc
Description of Land(s):
ROLL NO. 39 16 000 010 04018 0000, 170 SOUTHFIELD, STRATHROY
PIN 09603−0143 (LT) PCL 10−1, SEC 34M21 , LT 10, PL 34M21 ; STRATHROY – AND – PIN 09603-0219 (LT) PT LOT 7, PLAN 302, DESIGNATED AS PART 8, 33R−14396; TOWNSHIP OF STRATHROY−CARADOC/CARADOC, FILE MXSC15-003-TT
Minimum Tender Amount: $39,849.86
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
Mrs. Marg Arends, AMCT
The Corporation of the Municipality of Strathroy-Caradoc
52 Frank Street Strathroy, ON N7G 2R4
(519) 245-1070 Ext. 227
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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