May 12, 2016 Tax sale properties Smooth Rock Falls – Ontario

MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE
TOWN OF SMOOTH ROCK FALLS

 

 

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
Thursday, May 12th, 2016 at the Smooth Rock Falls Town Hall, 142 First
Avenue, P.O. Box 249, Smooth Rock Falls, Ontario P0L 2B0.

The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Smooth Rock Falls Town Hall, 142 First
Avenue, Smooth Rock Falls, Ontario.

 

 

Description of Land(s):

PCL 5338 SEC NEC SRO; LT 1 PL M171C Kendrey; S/T C409284;
Smooth Rock Falls; PIN #65197-0690
Roll No. 5648-000-003-14700
172 Main Street
Minimum Tender Amount: $2,428.85

PCL 3732 SEC NEC; PT LT 22 CON 9 Kendrey as in C79013; S/T
C251660; C409281; Smooth Rock Falls; PIN #65197-0689
Roll No. 5648-000-003-14800
168-170 Main Street
Minimum Tender Amount: $15,498.75

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 regard-
ing 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:

Treasurer
The Corporation of the Town of Smooth Rock
Falls
142 First Avenue
P.O. Box 249
Smooth Rock Falls, Ontario P0L 2B0
Tel: 705-338-2717
Fax: 705-338-2584

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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