Annapolis Royal, Nova Scotia - Where History Meets Opportunity

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Phone: 902.532.2043

Town Real Estate Transactions

Policy No.: 2003-7
Supersedes: N/A
Effective Date: November 17, 2003
Approval By Council Motion No.: 3

Purpose:

To ensure that the public is aware of what Town land may be available for sale and that the Town receives fair market value on the sale of all Town owned land.

Definitions: N/A

Policy Statement:

  1. An inventory of all Town land that may become available for sale will be posted to the Town’s website.
  2. When and if there is any interest expressed in a property, an appraisal will be obtained.
  3. Based on the appraisal results and the Town’s own assessment of the value of the property, a price will be determined by the Town.
  4. In the event that the Town requires the services of a Realtor, the Town shall select a Realtor from one of the real estate businesses within the Town on a rotation basis. Realtors will be paid based on their hourly rate for consultation and advice only. No commissions will be payable.

Town Real Estate Transactions Policy- Signed

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