FOR SALE BY TENDER
Sealed, written tenders for the property will be received by:
MEIGHEN HADDAD LLP
110 - 11th Street
Brandon, MB R7A 4J4
Attention: W. Bryan Webber
Parcel One: NE 14-7-20 WPM (Municipality of Souris-Glenwood)
Parcel Two: NW 24-7-20 WPM (Municipality of Souris-Glenwood)
Parcel Three: THE WESTERLY 1320 FEET PERP OF NE 24-7-20 WPM (WESTERLY 80 ACRES) (Municipality of Souris-Glenwood)
Conditions of Tender
Tenders must be received on or before 5 p.m. on November 5, 2018.
All persons submitting a tender shall rely on their personal knowledge and inspection of the property. The land is tendered on an “as is” basis. The Vendor makes no representation or warranty with regard to the condition, suitable use, size, or zoning for the land.
The highest or any tender not necessarily accepted.
Each tender must be accompanied by a cheque, payable to Meighen Haddad LLP, representing ten percent (10%) of the tendered purchase price. All unsuccessful bidders shall have their tender cheques returned following the close of tenders.
The tendering of these parcels is subject to a right of first refusal.
The tendering of the Westerly 80 acres of NE 24-7-20 WPM is subject to a successful tenderer entering in to Shared Well Agreement. Terms and Conditions of Sale
- The bidder whose tender is accepted will be required to complete an agreement covering terms and conditions of sale.
In addition to the deposit, the balance of the accepted tender is due and payable on the date of closing which shall be April 1, 2019, or evidence provided that the purchase funds shall be available under conditions acceptable to the Vendor. If the balance of the accepted tender is not paid within the set time limit the deposit paid will be forfeited as liquidated damages and not as a penalty.
Possession is not authorized until acceptable arrangements for full payment are made following acceptance of tender.
All mines and minerals will be reserved from any transfer.
The Purchaser shall be responsible for the 2019 Property Taxes in their entirety. All other taxes including GST and Land Transfer Tax (if applicable) shall be the responsibility of the Purchaser. Each of the Vendor and Purchaser shall be responsible for their own legal fees to complete the sale.
For further information contact Brenda Hiebert at 204-724-4124 or Corny Hiebert at 204-724-4769.
Posted Thursday, October 18, 2018
Expires in 90 days (Friday, October 18)