Feb 24, 2016 Tax sale properties Prescott, Ontario
Tax sale properties Prescott, Ontario
Sale of Lands for Tax Arrears by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF PRESCOTT
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
February 24, 2016, at the Prescott Town Hall, 360 Dibble St. W. Prescott
Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Prescott Town Hall, 360 Dibble St. W.
Prescott.
Description of Land(s):
Roll No. 07 08 020 020 03200 0000; 175-179 King St W, Prescott; PIN
68162-0098(LT); Part Lot 11 S/S King St Block 2 Plan 19 Prescott
designated Parts 1 and 2, Plan 15R7257; Prescott; File No. 14-01
Minimum Tender Amount: $30,660.69
Roll No. 07 08 030 030 13800 0000; 691 Dibble St W, Prescott; PIN
68161-0117(LT); Part Lots 52 & 53 S/S Dibble St Block 3 Plan 19 Prescott
as in PR75045; Prescott; File No. 14-03
Minimum Tender Amount: $9,063.78
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, crown interests, or any other matters relating to the lands
to be sold. Responsibility for ascertaining these matters rests with
the potential purchasers. Any interests of the Federal or Provincial
Crown encumbering the land at the time of the tax sale will continue
to encumber the land after the registration of the tax deed.
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:
Nancy Lavallee
Taxation and Revenue Clerk
The Corporation of the Town of Prescott
360 Dibble St. W.
P.O. Box 160
Prescott ON K0E 1T0
613-925-2812 Ext. 6211
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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