Farm Land for Sale by Tender - Arden MB
NOTICE OF TENDER FARMLAND FOR SALE
Please accept our invitation to submit a sealed, written tender for the respective property situated within the Municipality of Glenella-Lansdowne, in the Province of Manitoba, and described below to be received by:
Taylor Law Patersons
269 Hamilton Street
PO Box 309
Neepawa MB, R0J1H0
Per: Sarah J Fast
Phone (204) 476-2336 | Fax: (204) 476 5783
Email: sfast@taylorlawpatersons.ca
Legal Description of the property is a follows:
The S1/2 of Section 4-15-13 WPM Exc Firstly: Out of SW ? the road 1 ? chains wide as defined in the Original Grant from the Crown registered in the old system as 125120 NLTO Secondly: Out of SE 1/4, Fort Ellice Trail Plan 881 NLTO and Thirdly: All mines and minerals in transfer 1119150 NLTO
(SE 1/4 4-15-13 WPM ? 157.96 acres ? 2025 assessed value 335,500 ? cultivated land).
(SW ? of Section 4-15-13 WPM ? 156.00 Acres ? 2025 Assessed value 381,500.00 - Including House, additional building currently set up as a licensed butcher shop, barn and farm outbuildings, livestock facilities located on the property).
Status of Title No. 2970343/5
CONDITIONS OF TENDER
1. Interested parties must rely on their own inspection and knowledge of the property and not on any representations made by or on behalf of the Vendor.
2. Tenders must be received on or before 3:00 p.m. on February 20th, 2025.
3. Only Tenders in sealed envelopes marked ?TENDER? will be considered.
4. Tenders must be accompanied by a ten (10%) percent deposit by way of certified cheque or bank draft payable to Taylor Law Patersons. Deposits accompanying unacceptable bids will be refunded.
5. Highest or any Tender not necessarily accepted.
TERMS AND CONDITIONS OF SALE
1. Possession date to be mutually agreed upon by the Purchaser and Vendor.
2. The bidder whose Tender is accepted will be required to complete an agreement covering the terms and conditions of sale.
3. On acceptance of the successful Tender, the remaining balance will become payable on the Closing Date. If the balance of the accepted Tender is not paid as of the Closing Date, the Deposit will be forfeited as liquidated damages and not as a penalty.
4. If part of the Purchase Price is to be paid from the proceeds of a new Mortgage, payment of that amount may be delayed by the time required for registration of the Mortgage at Neepawa Land Titles Office and for reporting to the Mortgagee, and if so, that amount shall bear interest payable to the Vendor at the same rate as the new Mortgage until paid.
5. The Bidder whose tender is accepted must provide evidence of the purchased funds available under conditions accepted to the Vendor within thirty (30) days of the acceptance of the tender. If the balance of the accepted tender is not paid as of the closing date the deposit may be forfeited as liquidated damages and not as a penalty.
6. The Tenderer will pay the applicable GST or provide acceptable undertaking to self-assess.
7. The successful bidder will be responsible for assuming the Lease Agreement with the Tenant until October 31, 2025.
8. The bidder whose tender is accepted will be responsible to pay half of the 2025
property taxes.
9. Parties will be notified of the Acceptance or Rejection of the tender by February 25th, 2025.
Advertisement
Ad Stats
1044 views
Posted Thursday, February 06, 4:41 PM
Expires in 325 days (Friday, February 06, 2026)