Apr12,2018 Ontario Tax Sale properties Greater Napanee

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Apr12,2018 Ontario Tax Sale properties Greater Napanee

Post: # 47115Post Flipping4Profit.ca
Sun Mar 18, 2018 4:56 am

Sale of Land for Tax Arrears by Public Tender
Apr12,2018 Ontario Tax Sale properties Greater Napanee
The Corporation of the Town of Greater Napanee

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 April 12, 2018, at the Greater Napanee Municipal Office, 124 John St., Napanee Ontario.

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, 124 John St., Napanee.

Description of Land(s):

Roll No. 11 21 050 010 05000 0000; 69 Dundas St. E., Napanee; PIN 45092-0110 (LT); Part Lots 1 and 2 N/S Dundas St, Plan 82 Eastern Additional as in LA74439; T/W LA74439; Greater Napanee; File No. 16-04

Minimum Tender Amount: $86,250.97

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.

The municipality makes no representation regarding the title to, environmental contamination, crown interests or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. Any interests of the Crown encumbering the land at the time of the tax sale will continue to encumber the land after the registration of the tax deed.

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:

Jill Drew
Tax Clerk
The Corporation of the Town of Greater Napanee
PO Box 97, 124 John St.
Napanee ON K7R 3L4
(613) 354-3351 Ext. 2009

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