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PostPosted: Sat Dec 02, 2017 3:39 am 
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Posts: 3607
municipal act, 2001
Jan 16, 2018 Ontario Tax Sale Properties West Lincoln
sale of land by public tender
The Corporation of the Township of West Lincoln

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
Tuesday, January 16, 2018,
at the Town Hall in the Council Chambers,
318 Canborough Street, P.O. Box 400, Smithville, ON L0R 2A0.


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The tenders will then be opened in public on the
same day as soon as possible after 3:00 p.m. at
the Town Hall in the Council Chambers,
318 Canborough Street, Smithville.

Jan 16, 2018 Ontario Tax Sale Properties West Lincoln
Description of Land(s):


roll no. 26 02 020 004 41400 0000,
5623 Regional 69 Rd,
pin 46049-0082 lt, pt lt 24 Con 6 gainsborough
as in ro46768; west lincoln, file nawl15-006-tt

Minimum Tender Amount:
$30,318.85

roll no. 26 02 020 004 30900 0000,
4595 Sixteen Rd,
pin 46078−0088 lt, pt lt 13 Con 6 gainsborough
as in mem14262 and as in ga3258; township of
west lincoln, file nawl15-061-tt

Minimum Tender Amount:
$16,066.02

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
(or board) and representing at least
20 per cent of the tender amount.

Except as follows, the municipality makes
no representation regarding the title to,
existing interests in favour of the Crown,
environmental concerns or any other
matters relating to the land(s) to be sold.

Any existing Federal or Provincial Crown liens
or executions will remain on title and may
become the responsibility of the potential
purchaser. 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.

H.S.T. may be payable by the successful purchaser.

15% Non-Resident Speculation Tax (Nrst)
applies to the value of the consideration
for a transfer of residential property located
in the Greater Golden Horseshoe Region
which contains at least one and not more
than six single family residences if any one of
the transferees is a non-resident of Canada,
foreign entity or taxable trustee.

For further information regarding this sale
and a copy of the prescribed form of tender contact:

Melinda Dent, A.I.M.A.
Coordinator of Revenue Services
The Corporation of the Township of West Lincoln
318 Canborough Street
P.O. Box 400
Smithville, on L0R 2A0
905-957-3346ext. 6718

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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