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sale of land by public tender

take notice that tenders are invited for the purchase of the Tax Sale Properties Tudor and Cashel-Ontario land(s) described below and will be received until 3:00 p.m. local time on Tuesday, November 28, 2016, at the Municipal Office of The Corporation of the Township of Tudor and Cashel, 371 Weslemkoon Lake Road, Box 436, R.R. #2, gilmour, ON K0L 1W0. The tenders will then be opened in public on the same date at 3:05 p.m. at the Municipal Office.

Tax Sale Properties Tudor and Cashel-Ontario

Description of Land(s):

Roll No.: 12 48 000 015 21800

PIN No.: 40222-0104(LT)

Part Lot 24, Concession A, Township of Tudor, now Township of Tudor and Cashel, County of Hastings, as in QR190288, consisting of approximately 0.11 acres.

Minimum Tender Amount:$3,007.33

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 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:

Bernice Crocker
Clerk-Treasurer
The Corporation of the Township of Tudor and Cashel
371 Weslemkoon Lake Road
P.O. Box 436
Gilmour, ON K0L 1W0
613-474-2583

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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