Nov 15, 2017 Alberta tax sale properties Spruce Grove

[Navtaj Chandhoke]

Public Sale of Land-Alberta

Municipal Government Act, Alberta

Nov 15, 2017 Alberta tax sale properties Spruce Grove

City of Spruce Grove

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

City of Spruce Grove will offer for sale, by public auction, in the Council Chambers,

City of Spruce Grove, 315 Jespersen Avenue, Spruce Grove, Alberta, on Wednesday,

November 15, 2017, at 10:00 a.m., the following parcels:

Roll No.

Lot

Block

Plan

C of T

2471

Unit 16

7722320

072 153 267

3459

26

6

8121381

102 390 410

3952

43

4

8620554

072 697 723

4818

10

1

9222770

052 504 085

4891

47

1

9320805

072 089 151

8509

30

7

0525698

072 433 577

8906

Unit 157

0425179

132 119 380 +1

13179

15

8

1026391

112 360 019

13703

13

5

1123786

122 291 823

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1. Redemption of a parcel of land 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. No terms or conditions of sale will be considered other than those specified by

the municipality.

3. 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.

4. 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.

5. The auctioneer, aldermen, the chief administrative officer and the designated

officers and employees of the municipality must not bid for or buy or act as an

agent for buying, any parcel of land offered for sale.

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

current year.

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

provided by the municipality.

8. 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.

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

GST registrant.

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

auction.

11. The purchaser is responsible for obtaining vacant possession.

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

registration fees.

13. 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.

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

property that is not sold at the public auction.

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

further right to pay the tax arrears.

Robert Cotterill, Chief Administrative Officer

City of Spruce Grove.

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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