Sale of Land for Tax Arrears by Public Tender
municipal act, 2001
sale of land by public tender
The Corporation of the Township of Coleman
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 July 28, 2017 at the Township of Coleman Municipal Office, 937907 Marsh Bay Road., Coleman Township, Ontario.
Jul 28,2017 Township of Coleman Ontario tax sale properties Description of Land(s): pin 61388-0076 (lt); pcl 7284 sec nnd; e1/2 lt 48 pl m132nb coleman s/t nlt15680; coleman; district of timiskaming pin 61388-0077 (lt); pcl 7915 sec nnd; w1/2 lt 48 pl m132nb coleman s/t nlt19259; coleman; district of timiskaming Minimum Tender Amount: $4,529.19
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: Logan Belanger–CAO
The Corporation of the Township of Coleman
937907 Marsh Bay Road
RR#1 Coleman Township
Cobalt, Ontario P0J 1C0
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.
Flipping for instant profit LIVE real estate seminar
Crash Course 100% Canadian content
Tickets for LIVE training at
www.Flipping4Profit.ca
