TOWN OF ABINGTON
Tax Possession Auction
To Whom It May Concern:
You are hereby notified that:
Under the provisions of Massachusetts General Laws Chapter 60 § 77B, and by virtue of the power vested in me as Tax Title Custodian of the Town of Abington, it is my intention to sell at public auction on TUESDAY, OCTOBER 29, 2024, at 12:00 P.M. EST at the COUNCIL ON AGING AUDITORIUM, 441 SUMMER STREET, ABINGTON, MA 02351, the following described property:
PARCEL I
272 Presidential Drive, Abington Assessors’ Map 028, Lot 048
Deposit: $20,000.00
DESCRIPTION:
Property Location: 272 Presidential Drive
A parcel of land with any buildings thereon, approximately 40,412 Square Feet shown on the Assessors Records as Map 28 Parcel 048 and being part of the premises recorded in Book 7352, on Page 263 at the Plymouth County Registry of Deeds.
Taking Recorded at Plymouth County Registry of Deeds, Book 15844, Page 123, on January 29, 1988. Reference is also made to the Affidavit recorded at Plymouth County Registry of Deeds, Book 34078, Page 138, on February 6, 2007.
Judgment Recorded in Plymouth County Registry of Deeds, Book 36848, Page 238 on February 4, 2009.
The property will be sold “as is” with no warranty or representation as to marketability of title, to build-ability, or other productive use, either alone or in combination with other land. The successful bidder(s) at said auction will be required to submit an initial deposit in the amount set forth above for each respective property. The Town may require an additional deposit in an equal amount within twenty-four (24) hours of the close of the auction. Payment of the balance of the consideration, plus a buyer’s premium equivalent to 7.0% of the final sale price, will be due no later than 30 days after the date of said auction, or at such other time as determined by the Tax Title Custodian, as well as a special assessment of $2,500.00 or such other sum as is required to cover the legal fees of the sale. The successful bidder(s) will be responsible for payment of pro-rata taxes allocable to the days ensuing in the current fiscal year after the date of such deed, plus any pro-forma taxes as may be due for the subsequent fiscal year, per M.G.L. c.44, § 63A, plus any and all recording charges and registry stamps. All payments to the Town are to be made by bank cashier’s check or certified check, unless otherwise announced. The successful bidder will be required to execute a Statement of Beneficial Interest as required by M.G.L. c. 7C, § 38, a Memorandum of Sale, and a Certificate of Compliance pursuant to M.G.L. c. 60 § 77B. Upon receipt of the full payment, the Tax Title Custodian shall execute, and deliver the deed necessary to transfer the title of the Town to such property sold. The Tax Title Custodian reserves the right to reject any and all bids at said auction if of the opinion that no bid is made which approximates the fair value of the property, may withdraw the parcel being offered for sale, and may adjourn said auction for such periods as the Custodian deems expedient.
Upon receipt of the balance of the consideration the premises shall be conveyed by a Release Deed, subject to all matters of record, to this Notice of Sale, the Town of Abington’s Regulations for Auction Sale of Tax Possessions, and to the Memorandum of Sale. Upon completion of the sale and within 30 days after the receipt of the balance of the consideration, the Tax Title Custodian will provide to any former owner and other former interested parties a written notice containing an itemized accounting of the disposition of the proceeds arising from the sale, including the sale price, legal fees, auctioneer fees and advertising costs, other fees and any excess equity. The Regulations for Auction Sale are available for inspection at the office of the Town Treasurer, 500 Gliniewicz Way, Abington, MA 02351, prior to the auction date. The Memorandum of Sale will be made available for inspection on the date and time of the public auction as indicated above. Other terms and conditions may be announced at the time of the auction. PREREGISTRATION BEGINS AT 11:30 O’CLOCK, A.M. Questions regarding the auction may be referred to The Zekos Group, P.O. Box 549, Shrewsbury, MA 01545, 508-842-9000, MA Lic. #104. Legal questions regarding the sale may be directed to John D. Finnegan, Esq., Hill Law, 6 Beacon St., Suite 600, Boston, MA 02108, Tel: 617-494-0800; Fax: 617-307-9010.
LINDSAY GRASSO, TREASURER
IN HER CAPACITY AS TAX TITLE CUSTODIAN
FOR THE TOWN OF ABINGTON
Date: October 1, 2024
