Ontario Tax Sale Property

All tax sales on: 9 November 2013
All tax sales from: Town of Cobalt

Sale of Lands for Tax Arrears
by Public Tender

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF COBALT more info        

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 December 4th, 2013. The tenders will then be opened in public on the same day at 3:15 p.m. at the Corporation of the Town of Cobalt
Description of Land(s):

PIN 61386-0489 PT LT 463 PL M47NB COLEMAN PT 42 TER394 S/T LT111500; COBALT; DISTRICT OF TIMISKAMING
PIN 61386-0491 PT LT 463 PL M47NB COLEMAN; PT LT 464 PL M47NB COLEMAN PT 43 TER394 S/T LT102579;COBALT; DISTRICT OF TIMISKAMING
Minimum Tender Amount: $5,619.91  

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:
Mr John Hodgs on-CAO
The Corporation of the Town of Cobalt
18 Silver Street
P.O. Box 70
Cobalt, Ontario P0J 1C0
MUNICIPAL ACT, 2001