Ontario Tax Sale properties Oil Springs

municipal act, 2001
sale of land by public tender
Mar 9,,2017 Ontario Tax Sale properties Oil Springs
The Corporation of the Village of Oil Springs

take notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on March 9, 2017, at the Oil Springs Municipal Office, 4591 Oil Springs Line, Oil Springs, Ontario.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Oil Springs Municipal Office, 4591 Oil Springs Line, Oil Springs.

Description of Land(s):

Roll No. 38 18 000 010 11900 0000; PIN 43499-0374 (LT); Lots 26 to 30 Range 4 Plan 2 (formerly Lot 17 Concession 2 Enniskillen) Oil Springs; File No. 15-01

Minimum Tender Amount:$4,110.65

Roll No. 38 18 000 010 11912 0000; PIN 43499-0411(LT); Lots 28 and 29 Range 5 Plan 2 (formerly Lot 17 Concession 2 Enniskillen) Oil Springs; Lots 26, 27, 28, 29, 30 Range 6 Plan 2 (formerly Lot 17 Concession 2 Enniskillen) Oil Springs; File No. 15-03

Minimum Tender Amount:$4,341.19

Roll No. 38 18 000 010 11921 0000; PIN 43499-0406 (LT); Lots 22, 23, 24 Range 5 Plan 2 (formerly Lot 17 Concession 2 Enniskillen) Oil Springs; Lots 21, 22, 23, 24 Range 6 Plan 2 (formerly Lot 17 Concession 2 Enniskillen) Oil Springs; File No. 15-04

Minimum Tender Amount:$4,580.49

Roll No. 38 18 000 010 11948 0000; PIN 43499-0166 (LT); Lots 21, 22 and Lots 24 to 28 Range 7 Plan 2 (formerly Lot 17 Concession 2 Enniskillen) Oil Springs; Lots 21 to 29 Range 8 Plan 2 (formerly Lot 17 Concession 2 Enniskillen) Oil Springs; File No. 15-05

Minimum Tender Amount:$8,667.91

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, environmental contamination, or any other matters relating to the lands 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:

Karen Cook
Deputy Clerk Treasurer
The Corporation of the Village of Oil Springs
P.O. Box 22
4591 Oil Springs Line
Oil Springs ON N0N 1P0
519-834-2939

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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