under and by virtue of a Writ of Execution filed with the Sheriff of the regional municipality of peel, dated October 17, 2018 under writ file number 18-3443 the real and personal property of Paul Emilio Serpa, Debtor, at the request of Bank of Montreal Creditor(s), I have seized and taken in execution all of the right, title, interest and equity of redemption of of Paul Emilio Serpa, Debtor(s) in and to: all and singular that certain parcel or tract of land and premises situated, being:

PIN 14149 – 0279 LT

PCL 145-1, SCE 43M820; LT 145, PL 43M820; brampton

Municipally known as 34 Leeward Drive, Brampton, On, L6S 5V7

All of which said right, title, interest and equity of redemption of Paul Emilio Serpa, Debtor(s), in the said lands and tenements described above was offered by public auction on October 3, 2019 and aborted. I shall again offer for sale by sealed bid Auction subject to the terms and conditions set out below:

bid process:

Signed bids must be submitted in a complete and clear manner and must be accompanied by a deposit in the form of a money order, bank draft or a cheque certified by a bank or trust corporation payable to the Minister of Finance.

Signed bids must be enclosed in a sealed envelope labelled “Sheriff’s Sale, 34 Leeward Drive, Brampton”

Signed bids must clearly and legibly include the following:

  • Amount of bid
  • The address of the property of which the right, title, interest and equity of redemption is being sold. The address being 34 Leeward Drive, Brampton Ontario
  • Name and address of the proposed purchaser
  • Daytime phone numbers of the proposed purchaser or authorized agent

Bids must be received by the Sheriff at the A.Grenville and William Davis Courthouse, 7755 Hurontario St, Suite 100, Brampton, no later than 3:00 p.m. local time on May 9, 2022

Bids received after 3:00 p.m. on Above Date will not be considered.

terms and conditions:

The purchaser to assume responsibility for all mortgages, charges, liens, outstanding taxes, and other encumbrances. No representation is made regarding the title of the land or any other matter relating to the interest to be sold.

Vacant possession is not included in the sale of this property. Responsibility for ascertaining these matters rests with the potential purchaser(s).

The Sheriff may reject any or all bids that do not, in the Sheriff’s absolute discretion, reflect the fair market value of the equity of redemption of the lands and premises.

terms:

  • Deposit 10 % of bid price or $5,000.00, whichever is greater to be submitted with sealed bid
  • Deposit must be in the form of a certified cheque, bank draft or money order made payable to the Minister of Finance.
  • The deposit made by the successful bidder will be non-refundable and will be applied to the purchase price
  • The successful bidder will be notified within 5 days of closing of the auction, by mail and telephone to the address and telephone number provided on the successful bid.
  • The successful bidder will have ten (10) business days from the date notified, to pay the balance of the purchase price at the A.Grenville and William Davis Courthouse, 7755 Hurontario st, Suite 100, Brampton.
  • All payments to be made in cash, certified cheque or bank draft made payable to the Minister of Finance
  • The Sheriff will provide a Deed Poll only upon satisfactory payment in full of purchase price.
  • Deposit to be returned to the unsuccessful bidders, 10 business days after the bids are opened, by mail to the address provided by the unsuccessful bidders.

this sale is subject to cancellation by the sheriff without further notice up to the time of satisfation of the sale terms by a successful bidder.

Note: No employee of the Ministry of the Attorney General may purchase any goods or chattels, lands or tenements exposed for sale by a Sheriff under legal process, either directly or indirectly.

Dated: March 10, 2022

Sheriff
Regional Municipality of Peel
7755 Hurontario St., Suite 100,
Brampton, Ontario L8N 2B7

(155-P050E)