Properties Open To Offers

• Properties that do not have a price set by resolution are open to offers;
• An "Offer to Purchase" (see link below) is to be filled out and accompanied by a deposit in the amount of 2% of the offered amount;
• Once the deposit and offer are received, the offer will be presented to council for their decision

            - If the offer is rejected, a cheque for the same amount as the deposit will be issued back to the purchaser within twenty-one (21) days from the date on the                          resolution;

• On accepted offers, the purchaser is responsible for all costs which will include the set price, GST on set amount, land transfer fees, and the Municipality's legal costs;
• a preliminary letter will be sent to the purchaser within five (5) business days after a resolution is passed stating whether or not the offer was accepted; this letter will also state the process and an estimate of cost;
• once the Municipality receives a total from the lawyer, a final letter will be sent to the purchaser stating the total costs owing to the Municipality;
• payment must be in the form of a certified cheque or bank draft;
• the purchaser must have total payment to the Municipality on or before the agreed upon possession date; but
• except in the case of a mortgage, the mortgage proceeds will follow in due course.

If multiple offers are received, all offers are rejected and the property will be posted publicly, following a sealed bid process according to Policy 25-2024.

 

All offers must be either dropped off in person or mailed to: