Municipal Act, 2001

Sale Of Land By Public Auction

The Corporation Of The Town Of Hanover

Take Notice that the land(s) described below will be offered for sale by public auction at 10:00 a.m. local time on 06 May 2009, at the Municipal Office, 341-10th Street, Hanover, Ontario N4N 1P5.

Property Description(s):
Roll No. 42 29 020 001 02701 0000, 223 10th St., PIN: 37209-0003(LT), PT LT 1, 11 PL 741 Hanover As In R350907; S/T & T/W R350907; S/T Execution 04-0000214, If Enforceable; Hanover, File 07-02.
Minimum Tender Amount: $ 96,124.64

All amounts payable by the successful purchaser shall be payable in full at the time of the sale by cash or money order or by a bank draft or cheque certified by a bank or trust corporation.

Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the land(s) 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 bid plus accumulated taxes and the relevant land transfer tax.

The municipality has no obligation to provide vacant possession to the successful purchaser.

Note: GST may be payable by successful purchaser.

For further information regarding this sale and a copy of the prescribed form of bid, contact:

Ms. Jennifer Tersteege
Revenue Officer
The Corporation of the Town of Hanover
341-10th Street
Hanover, Ontario N4N 1P5
(519) 364-2780 ext. 221
(142-P100)