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 TOWNSHIP OF SOUTH ALGONQUIN
TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties South Algonquin, Ontario land(s) described below and will be received until 3:00 p.m. local time on April 7, 2016, at the Municipal Offices, 7 Third Avenue, Whitney, ON K0J 2M0. The tenders will then be opened in public on the same day at the same
place at 3:30 p.m.
Tax sale properties South Algonquin, Ontario
Description of Land(s):
(1) ROLL NO. 48 01 040 001 06600 0000, being Lot 25, Plan M-230,
in Madawaska, in the Geographic Township of Murchison, in the
Municipality of the Township of South Algonquin in the District of
Nipissing being all of PIN 49226-0309(LT).
Minimum Tender Amount:$2,450.00
(2) ROLL NO. 48 01 040 001 07100 0000, being Lot 30, Plan M-230, in Madawaska, in the Geographic Township of Murchison, in the Municipality of the Township of South Algonquin in the District of Nipissing being all of PIN 49226-0315(LT).
Minimum Tender Amount:$3,275.00
Tenders for Tax sale properties South Algonquin, 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 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 in formation regarding this sale and a copy of the prescribed form of tender contact:
Clerk-Treasurer
The Corporation of the Township
of South Algonquin
7 Third Avenue
P.O. Box 217
Whitney, Ontario K0J 2M0
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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