Oct 11,2017 Alberta tax sale properties Bowden

[Navtaj Chandhoke]

Oct 11,2017 Alberta tax sale properties Bowden

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

The Town of Bowden will offer for sale, by public auction, at the Town Office, 2101

– 20 Avenue, Bowden, Alberta, on Wednesday, October 11, 2017, at 10:00 a.m., the

following lands:

Roll No.

Lot

Block

Plan

C of T

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

2000

1-3

2

1905H

061 354 611

3800

22

2

1905H

101 104 940

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

Each parcel of land offered for sale at the Public Auction will be subject to a reserve

bid. Redemption of a parcel of land offered for sale may be effected by certified

payment of all arrears of taxes, penalties and costs at any time prior to the date of

Public Auction.

The Town of Bowden may, after the Public Auction, become the

owner of any parcel of land that is not sold at the Public Auction.

Terms and Conditions of Sale for the Public Auction: Purchase price payable by

10% deposit and balance payable within 30 days of the date of Public Auction. GST

will apply to all applicable lands sold at the Public Auction. The Closing Date shall be

30 days after the date of the Public Auction. The successful bidder shall take title

subject to the conditions and reservations contained in the existing certificate of title

and specifically all registrations registered, as of the date of the Public Auction. The

possession and adjustment date shall be the Closing Date. As of the Closing Date the

successful bidder shall be responsible for the payment of all taxes, rates, levies,

charges, local improvement charges, assessments, utility charges and hook-up fees,

with respect to the lands sold. All adjustments for rent or other profits or items

commonly adjusted on a sale of real property with respect to the lands sold shall be

made as of the Closing Date.

The successful bidder shall be responsible for and shall assume all liability for the

refund of all security deposits or fees and applicable interest thereon, which as of

the Closing Date, shall be owing and payable to the landlord, pursuant to the Residential

Tenancies Act, R.S.A. 2000, c.R-17, with respect to the lands sold and all condominium

contribution or fees which, as of the Closing Date, shall be owing and payable, pursuant

to the Condominium Property Act, R.S.A. 2000, c.-22, with respect to the lands sold.

The lands are being offered for sale on an “as is, where is” basis and The Town of

Bowden makes no representation and gives no warranty whatsoever as to the adequacy

of services, soil conditions, land use districting, building and development conditions, absence

or presence of environmental contamination, vacant possession, or the develop ability of the

lands for any intended use by the successful bidder. No bid will be accepted where the

bidder attempts to attach conditions to the sale of any parcel of land.

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

The Town of Bowden. The successful bidder shall be required to execute a Sale

Agreement in a form and content acceptable by the Town of Bowden.

The Sale Agreement and Terms and Conditions of Sale will be available at the Town

Office, 10 days prior to the date of the Public Auction.

Please contact the Town Office by calling 403-224-3395 for any further inquiries

regarding the Public Auction.

James Mason, Chief Administrative Officer.

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/2016/03/PawnShop-1024×536.jpg[/img]

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