Sept 5th,2014 Tax Sale properties South River-Ontario

[Navtaj Chandhoke]

Sept 5th,2014 Tax Sale properties South River-Ontario

Sale of Lands for Tax Arrears by Public Tender

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE VILLAGE OF SOUTH RIVER

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 September 5, 2014

Description of Land(s):

PIN 52058-0486; Lot K, Plan 73, SOUTH RIVER

Minimum Tender Amount: $13,330.14

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.

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.

For further information regarding this sale and a copy of the prescribed form of tender contact:

The Corporation of the Village of South River

c/o its solicitor, Robert W. Niemi

Michael A. Hardy Professional Corporation

P.O. Box 1060, Sundridge ON P0A 1Z0

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