municipal act, 2001

Nov 18, 2020 Ontario tax sale properties The Corporation of the Township of Lucan Biddulph

sale of land by public tender

ontario regulation 181/03

municipal tax sales rules

The Corporation of the Township of Lucan Biddulph

take notice that tenders are invited for the purchase of the land described below and will be received until 3:00 p.m. local time on November 18, 2020, at the Township of Lucan Biddulph Municipal Office, 270 Main Street, Lucan ON N0M 2J0 (if mailing tender include PO Box 190).

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Township of Lucan Biddulph Municipal Office, 270 Main Street, Lucan.

Description of Land(s):

Roll No. 39 58 000 030 09100 0000; 5991 Whalen Line, Granton; PIN 09706-0004 (LT); PT LT 15, NBC, PT 2, 33R2412; lucan biddulph Twp; File No.18-01

According to the last returned assessment roll, the assessed value of the land is $202,000.00

Minimum Tender Amount:

$25,331.88

Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 per cent of the tender amount, which deposit shall be made by way of a certified cheque/bank draft/ money order payable to the municipality.

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. The assessed value, according to the last returned assessment roll, may or may not be representative of the current market value of the property.

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 any taxes that may be applicable, such as a land transfer tax and HST.

The municipality has no obligation to provide vacant possession to the successful purchaser.

A copy of the prescribed form of tender is available on the website of the Government of Ontario Central Forms Repository under the listing for the Ministry of Municipal Affairs.

For further information regarding this sale and a copy of the prescribed form of tender if no internet access available, contact:

Tracy Loyens,

Deputy Treasurer

The Corporation of the Township of Lucan Biddulph

270 Main Street

PO Box 190

Lucan ON N0M 2J0

519-227-4491 ext. 30

tloyens@lucanbiddulph.on.ca