SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF TILLSONBURG
TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties Tilsonburg – Ontario land described below and will be received until 3:00 p.m. local time on November 23, 2016, at the Tillsonburg Municipal Office, 10 Lisgar Ave, Tillsonburg Ontario.
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, 10 Lisgar Ave,
Tax sale properties Tilsonburg – Ontario
Roll No. 32 04 060 060 19706 0000; 88 Beech Blvd, Tillsonburg; PIN
00025-0330 (LT); Lot 2, Plan 41M144; Tillsonburg; File No. 15-06
Minimum Tender Amount: $7,035.14
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:
Customer Service/Revenue Manager
The Corporation of the Town of Tillsonburg
10 Lisgar Ave
Tillsonburg ON N4G 5A5
1-519-688-3009 Ext 2230
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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