• Place: In the Parking Lot on the Suckergarden Road 25 (in front of the warehouses) between the Yellow and Blue Building and SOL Gas station, (under a white tent on the parking lot) in Suckergarden
  • Date: Thursday, November 19th, 2020 at 10.00 hours a.m
Auction Date: 
Nov 19 , 2020

PROPERTY 1 ON SINT MAARTEN

TO BE AUCTIONED EX ARTICLE 3:268 OF THE CIVIL CODE OF SINT MAARTEN

The title and rights to the following immovable property consisting inextricably of the following three (3) certificates of admeasurement numbers as mentioned under A, B, and C.

A. The right of long lease till June sixth, two thousand and forty-eight on:
A parcel of land, having an area of ONE HUNDRED AND SIXTEEN SQUARE METERS (116m²), situated at Simpson Bay, on the Island of Sint Maarten, further described in certificate of admeasurement number SXM SB 490/1987 and all appurtenances belonging thereto;

B.  The right of long lease till December second, two thousand and sixty-eight on:
A parcel of land, having an area of EIGHTY-FOUR SQUARE METERS (84m²), situated at Simpson Bay, on the Island of Sint Maarten, further described in certificate of admeasurement number SXM SB 293/1987 and all appurtenances belonging thereto; 

C.  The right of long lease till December second, two thousand and sixty-eight on:

                A parcel of land, having an area of EIGHT HUNDRED SQUARE METERS (800m²), situated at Cole Bay, on the Island of Sint Maarten, further described in certificate of admeasurement number SXM CB 224/1972 and all appurtenances belonging thereto;


Reserved price for aforementioned immovable property (being the minimum bid) will be THREE HUNDRED FORTY-TWO THOUSAND TWO HUNDRED AND TWENTY US DOLLARS CURRENCY AND NINETY CENTS (US$.342,220.90).


Potential buyers may enter a private bid, addressed to the notary, on the property on public sale before November 5th, 2020


The sales will take place under the customary auction conditions which are, by raised bid (in Dutch: “middels opbod”) subsequently by Dutch bid (in Dutch “afmijnen”) in one (1) session.

The general as well if any special conditions on the auction, will be available at Notary office Mingo situated at the Fouress Building, Emmaplein, Philipsburg.

Every bidder or potential buyer has to identify him or herself and provide the civil law notary with a written guarantee by a banking institution (for example a bank letter/or banker’s check) for the payment of his or her bid and the additional and affiliated auction charges which are for the buyer (as stipulated in the general auction conditions of civil law notary Mingo).

The buyer shall pay the notarial fee, the registration stamps, the disbursements, transfer tax, cancellations of mortgage(s), annulment of attachment(s), costs and charges of the notarial authentic report(s) of the auction and the conveyance of title to and the registration of the immovable property in the name of the buyer in the Public Registers, deed of assignment (in Dutch: "Akte de Command"), deed of acquittance, the aforementioned bankguarantee, and remaining costs and charges pursuant to the general and particular conditions of the auction.

Interested parties are strongly advised/recommended to:

(i) to review the auction conditions before attending the auction.
(ii) to start requesting their bank guarantee at least four (4) weeks prior to the auction, come with a banker’s check or have the funds (being the amount of the bid the buyer wishes to place) deposited into the escrow account of the notary.

 

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