Auction Date: Aug 14 , 2024
IMMOVABLE PROPERTY 1 ON SINT MAARTEN
Wednesday, August 14th, 2024 as of 10.00 hours a.mIMMOVABLE PROPERTY 1 ON SINT MAARTEN
TO BE AUCTIONED EX ARTICLE 3:268 OF THE CIVIL CODE OF SINT MAARTEN
One right of apartment, including the right of exclusive use of a commercial unit partly on the ground floor and partly on the first floor, consisting of one commercial space and one bathroom, cadastrally described as follows: Complex Indication: Certificate of Admeasurement number SXM CB 441A/1990 apartment index 4 (also known as SXM CB 441/1990 apartment index A4), with the Ninety-Six/Seven hundred and twenty-first(96/721) part of the common property consisting of the building, the subsoil and the surrounding grounds, in the district of Cole Bay at Sint Maarten, at the time of the division cadastrally known as Certificate of admeasurement number SXM CB 404/1990, hereinafter referred to as “property 1A".
One right of apartment, including the right of exclusive use of a commercial unit on the ground floor, consisting of one commercial space and one bathroom, cadastrally described as follows: Complex Indication: Certificate of Admeasurement number SXM CB 441A/1990 apartment index 5 (also known as SXM CB 441/1990 apartment index A5), with the Thirty- Three/Seven hundred and twenty-first (33/721) part of the common property consisting of the building, the subsoil and the surrounding grounds, in the district of Cole Bay at Sint Maarten, at at the time of the division cadastrally known as Certificate of Admeasurement number SXM CB 404/1990, hereinafter referred to as “property 1B".
One right of apartment, including the right of exclusive use of a Commercial unit partly on the ground floor and partly on the first floor, consisting of one Bank space and stair case on the ground floor and two bathrooms, one kitchen, with diningroom and a storage on the first floor, cadastrally described as follows: Complex Indication: Certificate of Admeasurement number SXM CB 441A/1990 apartment index 6 (also known as SXM CB 441/1990 apartment index A6), with the Three hundred and thirty-eight /Seven hundred and twenty-first (338/721) part of the common property consisting of the building, the subsoil and the surrounding grounds, in the district of Cole Bay at Sint Maarten, at the time of the division cadastrally known as Certificate of Admeasurement number SXM CB 404/1990, hereinafter referred to as “property 1C".
Property 1A, property 1B and property 1C are to be sold inextricably and are hereinafter jointly referred to as the “property 1”.
Reserved price for aforementioned title to the property 1 (being the minimum bid) will be TWO MILLION FIVE HUNDRED THOUSAND DOLLARS CURRENCY OF THE UNITED STATES OF AMERICA (US$.2,500,000.00).
Potential buyers may enter a private bid, addressed to the notary, on aforementioned Immovable property to be submitted along with all legal required compliance to the notary on or before July 31st, 2024 at noon (12.00 p.m.) Inquire in time at notary Mingo what your legal obligations are, to fulfil all legal requirements so you can meet the deadline of July 31st, 2024
An appraisal report will be available on website www.notarymingo.com or upon request
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 (even when bidding for someone else) is required to contact notary Mingo on the legal requirement since all requirements including payment of a notary’s invoice will have to be deposited into the escrow account of notary Mingo and therefore you are required to contact notary office Mingo at info@notarymingo.com as of this date.
Anyone wanting to bid at the public auction will need to meet legal requirements in order to participate in the bidding process, since the bidder 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) and have at least 10% of the bid you wish to place at the public auction, deposited into the escrow account of the notary ultimately on the day of the public auction. The bank guarantee should cover the payment of the bid including the additional and affiliated auction charges to be requested at notary office Mingo which are for the buyer (as stipulated in the general auction conditions of civil law notary Mingo). Civil law notary Mingo withholds the right to accept or deny any (private) bidder to partake in the bidding process or private bidding in the process of the public auction.
The buyer (successful and accepted bidder) 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 including the 1% Central Bank license fee if applicable and all banking charges involved to make payments to all third parties related to this sale at the public auction.
Interested parties are strongly advised/recommended to:
- (i) in the event the bidder wishes to attend the public auction and participate, 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 prior to the day of the public auction
Descriptions are based on available evaluation reports, as some items may have not been (possible to be) inspected inside, and the given information might therefor not be accurate and buyers cannot hold the notary liable for the state of the immovable property.
IMMOVABLE PROPERTY 2 ON SINT MAARTEN
Wednesday, August 14th, 2024 as of 10.00 hours a.m.IMMOVABLE PROPERTY 2 ON SINT MAARTEN
TO BE AUCTIONED EX ARTICLE 3:268 OF THE CIVIL CODE OF SINT MAARTEN
The right of long lease until November thirtieth, two thousand and thirty- seven (November 30th, 2037) on : A parcel of land with an area of EIGHT HUNDRED AND THIRTY SQUARE METERS (830m²) situated in the district of Cole Bay, on Sint Maarten, known as lot number 10 of the subidivision plan made by Todona N.V. and described in certificate of admeasurement number SXM CB 052/1985, with the thereonstanding residential home and all appurtenances thereto, hereafter referred to as “property 2".
Reserved price for aforementioned property 2 (being the minimum bid) will be NINE HUNDRED NINETY-THREE THOUSAND ONE HUNDRED SEVENTY- FIVE ONE DOLLARS CURRENCY OF THE UNITED STATES OF AMERICA(US$.993,175.00).
Potential buyers cannot submit a private bid
An appraisal report will be available on website www.notarymingo.com or upon request
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 (even when bidding for someone else) is required to contact notary Mingo on the legal requirement since all requirements including payment of a notary’s invoice will have to be deposited into the escrow account of notary Mingo and therefore you are required to contact notary office Mingo at info@notarymingo.com as of this date.
Anyone wanting to bid at the public auction will need to meet legal requirements in order to participate in the bidding process, since the bidder 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) and have at least 10% of the bid you wish to place at the public auction, deposited into the escrow account of the notary ultimately on the day of the public auction. The bank guarantee should cover the payment of the bid including the additional and affiliated auction charges to be requested at notary office Mingo which are for the buyer (as stipulated in the general auction conditions of civil law notary Mingo). Civil law notary Mingo withholds the right to accept or deny any (private) bidder to partake in the bidding process or private bidding in the process of the public auction.
The buyer (successful and accepted bidder) 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 including the 1% Central Bank license fee if applicable and all banking charges involved to make payments to all third parties related to this sale at the public auction.
Interested parties are strongly advised/recommended to:
- (i) in the event the bidder wishes to attend the public auction and participate, 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 prior to the day of the public auction
Descriptions are based on available evaluation reports, as some items may have not been (possible to be) inspected inside, and the given information might therefor not be accurate and buyers cannot hold the notary liable for the state of the immovable property.
IMMOVABLE PROPERTY 3 ON SINT MAARTEN
Wednesday, August 14th, 2024 as of 10.00 hours a.m.IMMOVABLE PROPERTY 3 ON SINT MAARTEN
TO BE AUCTIONED EX ARTICLE 3:268 OF THE CIVIL CODE OF SINT MAARTEN
The right of apartment, inculding the right of exclusive use of a residential unit with appurtenances on the third floor, also known as unit 12 of “Las Brisas A Residences” cadastrally described in certificate of admeasurement number SXM CB 173A/2011 apartment index 12 (also known as certificate of admeasurement numberSXM CB 173/2011 apartment index A12) , with the eight hundred twenty-six/forty-one thousand four hundred and fourth (826/41.404) part of the common property, consisting of the buildings, at the time of the division described in certificate of admeasurement number SXM CB 216/2009 and SXM CB 217/2009, hereinafter referred to as “property 3".
Reserved price for aforementioned property 3 (being the minimum bid) will be FOUR HUNDRED FIFTY-FIVE THOUSAND DOLLARS CURRENCY OF THE UNITED STATES OF AMERICA (US$.455,000.00).
Potential buyers cannot submit a private bid
An appraisal report will be available on website www.notarymingo.com or upon request
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 (even when bidding for someone else) is required to contact notary Mingo on the legal requirement since all requirements including payment of a notary’s invoice will have to be deposited into the escrow account of notary Mingo and therefore you are required to contact notary office Mingo at info@notarymingo.com as of this date.
Anyone wanting to bid at the public auction will need to meet legal requirements in order to participate in the bidding process, since the bidder 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) and have at least 10% of the bid you wish to place at the public auction, deposited into the escrow account of the notary ultimately on the day of the public auction. The bank guarantee should cover the payment of the bid including the additional and affiliated auction charges to be requested at notary office Mingo which are for the buyer (as stipulated in the general auction conditions of civil law notary Mingo). Civil law notary Mingo withholds the right to accept or deny any (private) bidder to partake in the bidding process or private bidding in the process of the public auction.
The buyer (successful and accepted bidder) 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 including the 1% Central Bank license fee if applicable and all banking charges involved to make payments to all third parties related to this sale at the public auction.
Interested parties are strongly advised/recommended to:
- (i) in the event the bidder wishes to attend the public auction and participate, 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 prior to the day of the public auction
Descriptions are based on available evaluation reports, as some items may have not been (possible to be) inspected inside, and the given information might therefor not be accurate and buyers cannot hold the notary liable for the state of the immovable property.
