Asset Details
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Asset Description
Suites 601 and 602 located at 421 Rivera Avenue, Midtown Buildings in San Juan Puerto Rico 00918
Property Geolocation
Asset Address
Firearms Prohibited
Members of the public attending the auction are prohibited from carrying/possessing a firearm(s) at the auction, even if carrying/possessing a firearm(s) is otherwise permitted under state or local law. The term “firearm” means any weapon (including a starter gun) which will or is designed to or may readily be converted to expel a projectile by the action of an explosive.
Asset Info
Date of Auction
Notice Information
Judicial Sale of two office spaces
Pursuant to an Order of Sale entered by the United States District Court for the District of Puerto Rico in United States vs John R Ward Llambias; Carmen Collazo Rivera; Centro De Recaudacion De Ingresos Municipales, and Asociacion De Condomines Del Condominio Midtown , Case 3:17-cv-01908-JAG the United States will offer to sell at public auction the property located at: 421 Rivera Avenue, Midtown Buildings, Suites 601 and 602, San Juan, Puerto Rico 00918
Pursuant to an Order of Sale entered by the United States District Court for the District of Puerto Rico in United States vs John R Ward Llambias; Carmen Collazo Rivera; Centro De Recaudacion De Ingresos Municipales, and Asociacion De Condomines Del Condominio Midtown , Case 3:17-cv-01908-JAG the United States will offer to sell at public auction the property located at: 421 Rivera Avenue, Midtown Buildings, Suites 601 and 602, San Juan, Puerto Rico 00918
Legal Description
421 Rivera Avenue, Midtown Buildings, Suites 601 and 602, San Juan, Puerto Rico 00918
Date of Auction
Bidder Registration Time
Minimum Bid
50,000.00
Mail-in Bid Form
mail-in-bid_form_san_juan_pr.pdf
(179.09 KB)
Sale Location
Order of Sale
consent_order_of_sale.pdf
(390.93 KB)
Terms of Sale
The property is offered for sale “as is” and “where is” and without recourse against the United States. The United States makes no guarantee of condition of the property, or its fitness for any purpose. The United States will not consider any claim for allowance or adjustment or for the rescission of the sale based on failure of the property to comply with any expressed or implied representation.
Form of Payment
All payments must be by cash, a certified, cashier’s, or treasurer’s check drawn on any bank or trust company incorporated under the laws of the United States or under the laws of any State, Territory, or possession of the United States, or by a United States postal, bank, or express money order. Make check or money order payable to the United States Treasury.
The Terms of Payment
At the time of the sale, the successful bidder shall deposit with Internal Revenue Service, Property Appraisal and Liquidation Specialist, by money order, certified check, or cashier’s check payable to The United States District Court for the District of Puerto Rico, a deposit in an amount of Ten Thousand Dollars ($10,000.00).
Before being permitted to bid at the sale, potential bidders shall display to the Property Appraisal and Liquidation Specialist proof that they are able to comply with this deposit requirement. No bids will be accepted from anyone who has not presented that proof. The government reserves the right to reject any and all bids and to withdraw the property from sale. The sale of the property shall be subject to confirmation by The United States District Court for the District of Puerto Rico.
The successful bidder shall pay the balance of the purchase price for the offered property within thirty (30) days following the date of the sale. The successful bidder shall deliver a money order, certified check, or cashier’s check, payable to The United States District Court for the District of Puerto Rico, to the Property Appraisal and Liquidation Specialist.
Before being permitted to bid at the sale, potential bidders shall display to the Property Appraisal and Liquidation Specialist proof that they are able to comply with this deposit requirement. No bids will be accepted from anyone who has not presented that proof. The government reserves the right to reject any and all bids and to withdraw the property from sale. The sale of the property shall be subject to confirmation by The United States District Court for the District of Puerto Rico.
The successful bidder shall pay the balance of the purchase price for the offered property within thirty (30) days following the date of the sale. The successful bidder shall deliver a money order, certified check, or cashier’s check, payable to The United States District Court for the District of Puerto Rico, to the Property Appraisal and Liquidation Specialist.
Additional Details
Disclaimer
This is an information notice only regarding a sale being conducted by the Internal Revenue Service.
Title Offered
Only the right, title, and interest of John R Ward Llambias; Carmen Collazo Rivera; Centro De Recaudacion De Ingresos Municipales, and Asociacion De Condomines Del Condominio Midtown, in and to the property will be offered for sale. If requested, the Internal Revenue Service will furnish information about possible encumbrances, which may be useful in determining the value of the interest being sold. See "Nature of Title" for further details.
Date of Open House
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