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Sale of Land for Tax Arrears by Public Tender The Corporation of The township of Nairn and Hyman
take notice that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 p.m. local time on Friday, November 29, 2019 at the Municipal Office, 64 McIntyre Street, Nairn Centre, ON P0M 2L0 705-869-4232.
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 at 64 McIntyre Street, Nairn Centre, Ontario.
Description of Land(s):
According to the last returned assessment roll, the assessed value of the land is $9,700
Minimum Tender Amount:
$6,378.93
According to the last returned assessment roll, the assessed value of the land is $9,000
Minimum Tender Amount:
$3,210.76
According to the last returned assessment roll, the assessed value of the land is $238,000
Minimum Tender Amount:
$244,973.18
According to the last returned assessment roll, the assessed value of the land is $176,000
Minimum Tender Amount:
$39,352.14
According to the last returned assessment roll, the assessed value of the land is $197,000
Minimum Tender Amount:$143,410.95
Tenders 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 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 the relevant land transfer tax.
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 or for a copy of the prescribed form of tender contact:
Belinda Ketchabaw
Clerk-Treasurer
705-869-4232
The Corporation of the Township of Nairn and Hyman
64 McIntyre Street
Nairn Centre, ON P0M 2L0
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