All tax sales on:
16 November 2019All tax sales from:
Township of MadocSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF MADOC 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 17, 2019 at the Madoc Township Municipal Office, 15651
Highway 62 Madoc, ON K0K 2K0 or by mail to Madoc Township
P.O. Box 503 Madoc, ON K0K 2K0. 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.
Description of Land(s):
Roll No. 12 36 000 020 33100 0000; PIN 40214-0180 (LT) Part Lot 27
Concession 6; as in QR447082; Description may not be acceptable in
future as in QR447082; except mining rights, if any; Madoc, County
of Hastings
According to the last returned assessment roll, the assessed value of
the land is $9,650.
Minimum Tender Amount: $3,058.12
Roll No. 12 36 000 025 07200 0000; PIN 40184-0064 (LT) Part Lot 3
Concession 3Madoc Part 2 21R13253; S/T QR541520; S/T Execution
00-0000348, If enforceable; S/T Execution 01-0000281, if enforceable;
S/T Execution 03-0000207, if enforceable, Madoc, County of Hastings.
According to the last returned assessment roll, the assessed value of
the land is $455,875.
Minimum Tender Amount: $669,287.84
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 certified cheque 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 related to the lands to be sold. Responsibility
for ascertaining these matters rests with the potential purchasers. The
assessed value according to the last returned assessment roll may or may
not be representative of the current market value of the property.
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 land transfer tax and harmonized
sales 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:
Anne-Marie Goulah
Treasurer/Administrator
The Corporation of the Township of Madoc
15651 Highway 62, P.O. Box 503
Madoc ON K0K 2K0
613-473-2677
[email protected]