1:30 p.m., the following parcels:
Roll No
Lot
Block
Plan
C of T
154012
2
1
0322088
052 300 118
156009
10
4688RS
142 179 696
436009
10
3306TR
102 211 232
662012
24
1
1694TR
902 045 563
888001
B
5362RS
092 398 137
1561000
24
1
8020569
982 063 675 001
1725023
3
2
7720174
902 364 072
2020003
4
9524292
002 187 025
2418022
3
5
7821007
872 157 328
2836012
X
4434AO
942 321 456 001
2836041
13-19
5
4434AO
062 279 028
3059009
7
5
4531HW
992 144 172
3059010
8
5
4531HW
012 115 968
4270077
3&4
4
6543X
132 163 197
Roll No
Mer
Rge
Twp
Sec
Qtr
C of T
1326000
5
1
54
11
SE
942 043 939
2043000
5
3
53
30
NE
062 250 048
Redemption of a parcel of land offered for sale may be effected by payment of all arrears, penalties and costs by guaranteed funds at any time prior to the auction. Each parcel of land offered for sale will be subject to a reserve bid and to the reservations and conditions contained in the existing certificate of title.
The lands are being offered for sale on an “as is, where is” basis, and the municipality makes no representation and gives no warranty whatsoever as to the state of the parcel nor its suitability for any intended use by the successful bidder.
The auctioneer, councillors, the chief administrative officer and the designated officers and employees of the municipality must not bid or buy any parcel of land offered for sale, unless directed by the municipality to do so on behalf of the municipality.
The purchaser of the property will be responsible for property taxes for the current year.
The purchaser will be required to execute a sale agreement in form and substance provided by the municipality.
The successful purchaser must, at the time of sale, make payment in cash, certified cheque or bank draft payable to the municipality as follows:
a. The full purchase price if it is $10,000 or less; OR
b. If the purchase price is greater than $10,000, the purchaser must provide a non-refundable deposit in the amount of $10,000 and the balance of the purchase price must be paid within 20 days of the sale. GST will be collected on all properties subject to GST.
The risk of the property lies with the purchaser immediately following the auction.
The purchaser is responsible for obtaining vacant possession.
The purchaser will be responsible for registration of the transfer including registration fees.
If no offer is received on a property or if the reserve bid is not met, the property cannot be sold at the public auction.
The municipality may, after the public auction, become the owner of any parcel of land that is not sold at the public auction.
Once the property is declared sold at public auction, the previous owner has no further right to pay the tax arrears.
Karen Bellamy, Supervisor, Revenue Services Parkland County.
Bill Rogan, County Administrator.
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.
Tags:
#Canadian
#Alberta
#RealEstate
#Auction
#Sale
#PublicAuction
#property
#PublicSaleofLand
#MunicipalGovernmentAct
#Offer
#Forsale
#reserveBid
#Title
#landForsale
#Investor
#Purchaser
#Bidder
#Redemption
#taxLiens
#TaxArrears
#Seminar
#Canada
#Deposit
#payment
#PropertyTaxes
#Arrears
#AsIsWhereIs
#OfferedForSale
#municipality
#County