Mar 7,2018 Alberta Tax sale properties Pincher Creek No. 9

Municipal District of Pincher Creek No. 9

Public Sale of Land in Alberta Canada

Municipal Government Act

Notice is hereby given that under the provisions of the Municipal Government Act,

Municipal District of Pincher Creek No. 9 will offer for sale, by public auction, at

1037 Herron Avenue, Pincher Creek, Alberta, on Wednesday, March 7, 2018, at

10:00 a.m., the following parcel:

Roll No

Legal Description

C of T

3489010

Plan RY 14 that portion of railway right of way in

the NE 15 7 1 W5 which lies east of the production

northwesterly of the NE limit of railway right of

way on Plan 90122018 containing 3.28 Hectares

(8.10 Acres) more or less Excepting Thereout All

Mines and Minerals

921 319 672

1. Redemption of a property offered for sale may be effected by payment of all

arrears, penalties and costs by guaranteed funds at any time prior to the auction.

2. Each property offered for sale will be subject to a reserve bid and, in the case of

land, to the reservations and conditions contained in the existing certificate of

title.

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3. The properties are being offered for sale on an “as is, where is” basis, and the

municipality makes no representation and gives no warranty whatsoever as to the

state of the property nor its suitability for any intended use by the successful

bidder.

4. The auctioneer, councillors, the chief administrative officer and the designated

officers and employees of the municipality must not bid or buy any property

offered for sale, unless directed by the municipality to do so on behalf of the

municipality.

5. The purchaser of the property will be responsible for property taxes for the

current year.

6. The purchaser will be required to execute a sale agreement in form and substance

provided by the municipality.

7. The successful purchaser must, at the time of sale, make payment in cash,

certified cheque or bank draft payable to the municipality as follows:

a. The full purchase price if it is $10,000 or less; OR

b. If the purchase price is greater than $10,000, the purchaser must

provide a non-refundable deposit in the amount of $10,000 and the

balance of the purchase price must be paid within 20 days of the sale.

8. GST will be collected on all properties subject to GST.

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9. The risk of the property lies with the purchaser immediately following the

auction.

10. The purchaser is responsible for obtaining vacant possession.

11. In the case of land, the purchaser will be responsible for registration of the

transfer including registration fees.

12. If no offer is received on a property or if the reserve bid is not met, the property

cannot be sold at the public auction.

13. The municipality may, after the public auction, become the owner of any

property that is not sold at the public auction.

14. Once the property is declared sold at public auction, the previous owner has no

further right to pay the tax arrears.

Wendy Kay, Chief Administrative Officer,

Municipal District of Pincher Creek No. 9

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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