JUDICIAL SALE OF MORTGAGED LANDS
The following property is offered for sale by the Court of Kings’s Bench of Alberta by tender subject to the restrictions in the existing certificate of title, namely:
Plan 1212826 ; Block 2; Lot 3 Excepting thereout all mines and minerals
The property is a 2 storey detached home located at 118 Bayview Street SW, Airdrie, Alberta T4B 3V1. For further details, interested parties may refer to the affidavit of value and valuator’s report filed in these proceedings. You may obtain a copy of an appraisal of the property by contacting the lawyer or legal assistant listed below:
Kamal Gill; phone- 587-580-7125; email – [email protected]
Registered encumbrances which will remain on the land following sale are as follows:
121 255 266 - UTILITY RIGHT OF WAY; 121 255 268 - UTILITY RIGHT OF WAY ; 121 255 269 - UTILITY RIGHT OF WAY; 121 255 270 - RESTRICTIVE COVENANT; 121 273 534 - RESTRICTIVE COVENANT; 231 203 618 – MORTGAGE (MORTGAGEE - COMPUTERSHARE TRUST COMPANY OF CANADA).
The Property is being offered as is, where is. Prospective tenderers are not entitled to inspect the property and must not disturb the occupants of the property.
Tenders in sealed envelopes referencing court file number 2501 – 13126, accompanied by your address for notification and a certified cheque, money order, or cash for 10% of the amount of the tender, must be received by the clerk of the court at 601 5 Street Southwest, Calgary AB T2P 5P7 by 12:00 noon on November 10, 2025.
The balance of the purchase price shall be paid into court within 30 days, if your tender is accepted. If your tender is accepted and you do not complete the purchase within 30 days, then your deposit will be forfeited.
The next hearing in this action will be held November 13, 2025, in Applications Judge’s chambers at the courthouse located at 601 5 Street Southwest, Calgary AB T2P 5P7 at 10:00 a.m. or so soon after as counsel for the plaintiff may be heard, at which time the plaintiff may apply for a foreclosure order, an order for sale to plaintiff, an order accepting any tender received, and/or an order rejecting any tender received.
The successful tenderer shall take the mortgaged lands as is. No warranties of any kind are made with respect to the mortgaged lands. The highest or any tender not necessarily accepted. The deposits of unsuccessful tenderers will be returned to them.
The Solicitors for Plaintiff is: GAURAV LAKHANPAL, Barrister and Solicitor LAKHANPAL LAW OFFICE 230, 7 Westwinds Cres NE, Calgary, Alberta T3J 5H2 Phone : 587-580-7125 Fax : 403-7167126 Email: [email protected]