All tax sales on:
20 August 2022All tax sales from:
Town of HanoverSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
ONTARIO REGULATION 181/03
MUNICIPAL TAX SALES RULES
THE CORPORATION OF THE TOWN OF HANOVER 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
on Wednesday, September 28, 2022, at the Municipal Office, 341 10th
Street, Hanover, ON N4N 1P5.
The tenders will then be opened in public on the same day as soon
as possible after 3:00 p.m. in the Council Chambers, 341 10th Street,
Hanover.
Description of Land(s):
ROLL NO. 42 29 010 003 25101 0000, 600 1ST ST, HANOVER,
PIN 37211-0427 LT, PT LT 1 PL 842 HANOVER PT 2 16R5475;
HANOVER, FILE GYHR21-001
Minimum Tender Amount: $11,499.22
According to the last returned assessment roll, the assessed value of
the land is $19,500.
Tenders must be submitted in the prescribed form and must be
accompanied by a deposit of at least 20 per cent of the tender amount,
which deposit shall be made by way of a certified cheque/bank draft/
money order payable to the municipality (or board).
Except as follows, the municipality makes no representation regarding
the title to, existing interests in favour of the Crown, environmental concerns
or any other matters relating to the land(s) to be sold. Any existing
Federal or Provincial Crown liens or executions will remain on title and
may become the responsibility of the potential purchaser. 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
any taxes that may be applicable, such as a land transfer tax and HST.
20% Non-Resident Speculation Tax (NRST) applies to the purchase
price for a transfer of residential property located in Ontario which
contains at least one and not more than six single family residences if
any one of the transferees is a non-resident of Canada, foreign entity
or taxable trustee.
The municipality has no obligation to provide vacant possession to the
successful purchaser.
A copy of the prescribed form of tender is available on the website
of the Government of Ontario Central Forms Repository under the
listing for the Ministry of Municipal Affairs.
For further information regarding this sale and a copy of the
prescribed form of tender contact:
Jennifer Tersteege,
Deputy Treasurer-Tax Collector
The Corporation of the Town of Hanover
341 10th Street
Hanover, ON N4N 1P5
(519) 364-2780 Ext. 1224
jtersteege@hanover.ca
www.hanover.ca