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municipal act, 2001Mar 22,2017 Ontario Tax Sale properties Lambton Shoressale of land by public tender
The Corporation of the Municipality of Lambton Shores
take notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on
March 22, 2017, at the Municipal Office, 4 Ontario St. North, Grand Bend Ontario.The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Municipal Office, 4 Ontario St. North, Grand Bend.
Description of Land(s):
Roll No. 38 45 380 010 25400 0000; 6-8 King St. W., Forest; PIN 43077-0218(LT); Part Lot 1 N/S King Street Plan 3 Forest as in Instrument L630011; Lambton Shores. File No. 15-02
Minimum Tender Amount:$72,406.00Roll No. 38 45 380 020 21300 0000; 52 King St. E., Forest; PIN 43440-0096(LT); Lot 66 Plan 21 Forest; Part Lot 65 Plan 21 Forest as in instrument L806495; Lambton Shores. File No. 15-03
Minimum Tender Amount:$25,652.30Tenders 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, crown interests or any other matters relating to the lands 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, HST if applicable and the relevant land transfer tax.
The municipality has no obligation to provide vacant possession to the successful purchaser.
For further information regarding this sale and a copy of the prescribed form of tender contact:
Wendy Jennison
Tax Collector
The Corporation of the Municipality of Lambton Shores
4 Ontario St. North
PO Box 340
Grand Bend ON N0M 1T0
(519) 238-8461 Ext. 225
DISCLAIMERWe 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.Flipping for instant profit LIVE real estate training seminar (Crash Course)
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Sale Properties:
6-8 King St. W., Forest
Minimum Tender Amount: $72,406.00
No Valid Tenders Received
52 King St. E., Forest
Minimum Tender Amount: $25,652.30
16 tenders, sold for $79,601.00
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