Land For Tender


Land for Tender NW of Nampa, Alberta

Northern Sunrise County Map

Parcel One - 480 acres on title, 399.25 freehold cultivated and 53.3 FDL cultivated

SW and SE 19-82-21 and NW and NE 18-82-21 W5 and 53.3 AC Farm Development Lease with 9 years remaining on the term and a

Licence of Occupation with over 900 years remaining on the term

Photos

 

Farm Development Lease

Licence of Occupation

Parcel Two

NE and SE 14-82-22 W5 - 318 acres on title, 304.82 cultivated acres

Photos

 

Parcel Three 

SW 15 and SW 16-82-22 W5 - 319 acres on title, 179.57 cultivated acres

Photos

Parcel Four

NW 23-82-22 W5 - 159 acres on title, 149.62 cultivated acres

Photos

NOTICE OF TENDER FOR FARMLAND

The George and Rosemary Murphy Family hereby offer for sale by tender 4 parcels of land located northwest of the Village of Nampa, Alberta. The parcels are in an approximate 3-mile radius of each other. They have been well maintained for almost 50 years. The legal descriptions of the lands which are being sold free and clear of any financial encumbrance are as follows:

Parcel #1            480 acres on title, 399.25 freehold cultivated and 53.3 cultivated FDL

        SE 19-82-21-W5

        SW 19-82-21-W5

        NW 18-82-21-W5

        NE 18-82-21-W5

Parcel #2            318 acres on title, 304.82 cultivated

         NE 14-82-22-W5

         SE 14-82-22-W5

Parcel #3            319 acres on title, 179.57 cultivated

         SW 15-82-22-W5

         SE 16-82-22-W5

Parcel #4            159 acres on title, 149.62 cultivated

         NW 23-82-22-W5

The above titles are the freehold lands owned by the family's corporation and contain in total 1,276 acres (more or less). There are 1,086.56 +/- cultivated acres of which 53.3 are a farm development lease held by the corporation on NE 18-82-21-W5.

 

The leasehold lands have 9 year remaining in the 10-year term. There is also a Licence of Occupation ("LOC") for a drainage ditch which runs through the lease with a term of over 900 years. The leased land is in parcel #1 as shown in the photos on the following link.

https://murphy-law.net/pages/land-for-tender

 

There are two ways to bid:

  1. Bid by parcel
    Submit a tender for an individual parcel or parcels. If a tender is accepted for a parcel, the land title (s) will be transferred into the successful buyer's name.
  2. En Bloc Bid for the whole package
    Submit an en bloc bid to buy all of the freehold land and the lease by way of purchasing all of the issued and outstanding shares of the family corporation, G&R Murphy Farms Ltd. (the "Corporation"). The only assets of the Corporation are the lands, the lease and the LOC. On closing the Corporation will have no liabilities, and the family will give the standard representations, warranties and indemnities.

Terms of Tender:

  1. If you are bidding by parcels, tenders (in form attached) must be submitted by noon (12:00 pm) Tuesday, December 16, 2025 to MURPHY LAW, Box 6575, Peace River, AB, located at 9606 – 96 Street, Peace River, AB. If you are bidding en bloc, please see additional terms listed below.
  2. Tenders must be unconditional. A tender subject to financing or other conditions will not be accepted.
  3. Tenders must be accompanied by a bank draft or wire for 5% of the purchase price. Any applicable GST will be in addition to the purchase price and dealt with at closing. If your bid is not accepted, cash will be returned to you within 5 business days.
  4. If you are a successful bidder, your deposit will be forfeited if you fail to close.
  5. Bidders must rely on their own research and inspection of the property and confirm acreage condition, assessments, and other particulars.
  6. While the highest bid or any tender may not necessarily be accepted, no party has a right of first refusal or the right to match a bid. No preferential treatment shall be given to any bidder within the tender process or any party outside the tender process.
  7. The seller reserves the right to negotiate with one or more bidders after the tender closing.
  8. For inquiries please contact Any Gauvreau of Century 21 Town & Country Realty at 780.618.5757

Additional Terms for En Bloc Bid:

  1. Upon execution of a Non-Disclosure Agreement (in form attached), a copy of the Corporation's minute book as well as the draft Share Purchase Agreement will be given to the bidder's lawyer and copies of the Corporation's last 3 years financial statements will be given to the bidder's accountant.
  2. A duly executed Binding Letter of Intent ("LOI") (in the form attached) stating the total purchase price for the total outstanding shares of the Corporation must be submitted by noon (12:00 pm) Tuesday, December 16, 2025, and be accompanied by a bank draft payable to MURPHY LAW in trust or a wire for 5% of the amount of the bid. Cash will be refunded to unsuccessful bidders.
  3. The LOI and the Share Purchase Agreement (in the attached form) must be executed and unconditional. Any LOI subject to financing will not be accepted.
  4. The LOI and Share Purchase Agreement will have closing and effective dates no later than December 22, 2025.
  5. Bidders must rely on their own due diligence review of the corporation and it's holdings.
  6. For inquires relating to the En Bloc Bid, please contact Amy Murphy at Murphy Law 780.624.2221 or Tracy Leishman at MNP in Grande Prairie 780.831.1700

Benefits of our En Bloc Bid structure:

  1. On other bidding platforms, the en bloc bids must start at an amount equal to the total of the highest bids on all parcels, plus a premium added by the administrator. After the bidding by parcel ends, a premium is added to the total of the highest bids on all parcels. To qualify to do an en bloc bid, bidders must have been the highest bid on at least one of the parcels. There is no pre-qualifying in our structure. Any buyer can make an en bloc bid. This makes the en bloc bid structure ideal for agricultural investors.
  2. No purchase price is published on title as the titles remain under the name of the existing Corporation. This then will not affect the area's average price per cultivated acre for any future purchases by the buyer.
  3. It simplifies the closing – no delay or cost for registering the transfer of land at the Land Titles Office or registering an assignment at the Department of Environment.
  4. Access to capital gains exemption may be available to family farm corporation shareholders in a future sale
  5. Depending on the purchaser, acquiring shares versus land may defer taxes or provide planning flexibility.
  6. Lower corporate tax rates on income, especially on the first $500,000 of taxable income, significantly reducing the overall tax burden when re-paying loans.
  7. Incorporation allows for income splitting opportunities within the family and shareholders.
  8. A legal separation between personal and business assets offers protection against debt and legal claims.
  9. Structured estate and succession planning strategies for a smoother transition of ownership to the next generation of farmers.

Tender Documents

  1. Bid By Parcel
    Parcel Bid Form
    Real Estate Purchase Contract
  2. En Bloc Bid
    Non-Disclosure Agreement
    Letter of Intent