Sale of Land by Public Tender
A Sale of Land by Public Tender (also referred to as a ‘Tax Sale’) is governed by the Municipal Act, 2001, and Ontario Regulation 181/03 (the “Municipal Tax Sales Rules”). By following the process set out in this legislation, the municipality has an opportunity to sell land which is in arrears of taxes in order to recover the arrears.
The Municipality registers a Tax Arrears Certificate on the title of a property in tax arrears for at least two (2) years. This certificate indicates that the property will be sold if the “Cancellation Price” is not paid within one year of registration of the certificate.
The Municipality advertises the property for sale due to non-payment of taxes if the “Cancellation Price” is not paid within the one year registration of the certificate and no tax extension agreement has been executed.
Take Notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on November 7, 2024, at the East Ferris Municipal Office, 25 Taillefer Road, Corbeil, Ontario.
The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the East Ferris Municipal Office, 25 Taillefer Road, Corbeil, Ontario.
Tender Packages are available at the Municipal Office, for a charge of $25.00/package/property, or online at www.OntarioTaxSales.ca.
Current Sale of Land by Public Tender Property Listing