May 25, 2018 sale of land by public tender Latchford-Ontario

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May 25, 2018 sale of land by public tender Latchford-Ontario

Post: # 47176Post Flipping4Profit.ca
Sat Apr 28, 2018 12:14 am

municipal act, 2001
May 25, 2018 sale of land by public tender Latchford-Ontario
sale of land by public tender
The Corporation of the Town of Latchford

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 May 25, 2018 at the Town of Latchford Municipal Office, 10 Main St., Hwy 11, Latchford, Ontario.

Description of Land(s):

PIN 61381-0534 (LT); surface rights only LT 380 PL m57nb coleman; S/T lt42548; latchford; district of timiskaming

Minimum Tender Amount:
$3,756.04

PIN 61381-0525 (LT); surface rights only LT 344 PL m57nb coleman S/T lt42548 latchford; district of timiskaming

Minimum Tender Amount:
$3,508.61

PIN 61381-0523 (LT); surface rights only LT 343 PL m57nb coleman S/T lt42548 latchford; district of timiskaming

Minimum Tender Amount:
$3,996.52

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:

Lise Remillard
CFO-Treasurer
The Corporation of the Town of Latchford
10 Main St., Hwy 11
P.O. Box 10
Latchford, Ontario P0J 1N0

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