Sale of Land for Tax Arrears By Public Tender
Ventes de terrains par appel d'offres pour arriéré d'impôt
MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF MIDLAND
TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties Midland – Ontario land(s) described below and will be received until 3:00 p.m. local time on March 24, 2016, at the Town of Midland Municipal Office, 575 Dominion Avenue, Midland Ontario
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Town of Midland Municipal Office, 575 Dominion Avenue, Midland.
Tax sale properties Midland – Ontario
Description of Land(s):
Roll No. 43 74 030 001 21200 0000; 8869 County Rd 93, Midland; PIN 58463-0020(LT); Part South 1/2 Lot 102 Concession 1 WPR Tiny as in RO849017; S/T Executions 00-02037 and 99-01293, If Enforceable; Midland. File 14-60
Minimum Tender Amount:$82,000.00
Tenders for Tax sale properties Midland – Ontario 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 of, 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 Tax sale properties Midland – Ontario.
For further information regarding this sale and a copy of the prescribed form of tender contact:
Pamela Wayne
Manager of Revenue and Taxation
The Corporation of the Town of Midland
575 Dominion Avenue
Midland ON L4R 1R2
705-526-4275 Ext. 2224
treasury@midland.ca
http://www.midland.ca
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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