Feb 26,2019 Alberta Tax sale properties Lac La Biche County

[Navtaj Chandhoke]

Feb 26,2019 Alberta Tax sale properties Lac La Biche County

Public Sale of Land in Alberta Canada

Municipal Government Act

Lac La Biche County

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

Lac La Biche County will offer for sale, by public auction, in the Council Chambers,

2nd Floor McArthur Place, 10307 – 100 Street, Lac La Biche, Alberta, on Monday,

February 26, 2018, at 10:00 a.m., the following parcels:

Roll No.

M-Rg-Twp-Sc-PS

Plan

Block

Lot

C of T

400011205

4-13-067-64-SL

7822163

3

27

092129541

6511071023

4-11-65-07-NE

9021984

3

3

962104836

6813032021

4-13-068-03-SE

7920842

12

11

932283202

6813104004

4-13-068-10-SW

0922229

1

2

092131746

6813991042

4-13-068-79-RL

0623347

1

32

072013759

Redemption of a parcel of land offered for sale may be effected by payment of all

arrears, penalties and costs by guaranteed funds, or execution of a tax payment

agreement with the municipality at any time prior to the auction.

[img]http://www.flipping4profit.ca/wp-content/uploads/2015/10/TaxSale.png[/img]

No terms or conditions of sale will be considered other than those specified by the

municipality.

Each parcel of land offered for sale will be subject to a reserve bid and to the

reservations and conditions contained in the existing certificate of title.

The lands 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 parcel

nor its suitability of the lands for any intended use by the successful bidder.

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

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

themselves.

The purchaser of the property will be responsible for property taxes for the current

year.

[img]http://www.flipping4profit.ca/wp-content/uploads/2016/03/FlippingFortune.jpg[/img]

The purchaser will be required to execute a Sale Agreement in form and substance

provided by the municipality.

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

GST will be collected on all non-residential properties, unless the purchaser is a GST

registrant.

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

The purchaser is responsible for obtaining vacant possession.

The purchaser will be responsible for registration of the transfer including registration

fees.

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

not be sold at the public auction.

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

land that is not sold at the public auction.

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

further right to pay the tax arrears.

Shadia Amblie, Chief Administrative Officer

Lac La Biche County.

_

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.

[img]http://www.flipping4profit.ca/wp-content/uploads/2018/01/Governmentgrants-768×165.png[/img]

Tags:

#Canadian

#Alberta

#RealEstate

#Auction

#Sale

#PublicAuction

#property

#PublicSaleofLand

#MunicipalGovernmentAct

#Offer

#Forsale

#reserveBid

#Title

#landForsale

#Investor

#Purchaser

#Bidder

#Redemption

#taxLiens

#TaxArrears

#Seminar

#Canada

#Deposit

#payment

#PropertyTaxes

#Arrears

#As IsWhere Is

#OfferedForSale

#municipality

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