Oct 11,2017 Ontario tax sale properties Petrolia

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Oct 11,2017 Ontario tax sale properties Petrolia

Post: # 46843Post Flipping4Profit.ca
Sun Sep 17, 2017 1:55 am

Sale of Lands for Tax Arrears by Public Tender
Oct 11,2017 Ontario tax sale properties Petrolia
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF PETROLIA


TAKE NOTICE that tenders are invited for the purchase of the
land described below and will be received until 3:00 p.m. local time
on October 11, 2017, at the Petrolia Municipal Office, 411 Greenfield
Street, Petrolia Ontario.
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The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Petrolia Municipal Office, 411 Greenfield
Street, Petrolia.

Oct 11,2017 Ontario tax sale properties Petrolia Description of Land(s):


Roll No. 38 19 000 060 13300 0000; 4487 Petrolia Line; PIN 43458-
0185(LT); Part Lots 4 & 5, 26 & 27 Plan 16 Petrolia as in L528046; S/T
execution 06-0000310, if enforceable; Petrolia; File No. 16-02
Minimum Tender Amount: $39,151.42

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, 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:

Rick Charlebois
Director of Corporate Services/Treasurer
The Corporation of the Town of Petrolia
411 Greenfield Street
PO Box 1270
Petrolia ON N0N 1R0
519-882-2350 Ext. 225
rcharlebois@petrolia.ca;
http://www.town.petrolia.on.ca


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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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