2018 New Notice of Land Sale in Yap State

FSM Development Bank offers for sale fee simple title to the following parcels:

  Parcel no. 019-H-12, locally called Fitmeyan, in Yinuf Village, Rull Municipality, Yap State,  2,361  ± square meters,  shown on Cadastral plat no. 019-H-00;

and

Parcel no. 082-H-01, locally called Fitemachey,  in Dachngar, Rull Municipality, Yap State, 2,916 ± square meters,  shown on Cadastral plat no. 082-H-00;

and

Parcel no. 082-H-03, locally called Muut Nu Fitemachey,  in Dachngar, Rull Municipality, Yap State,  1,274 ± square meters, shown on Cadastral plat no. 082-H-00;

and

Parcel no. 083-H-07, locally called Muut,in Dachngar, Rull Municipality, Yap State, 135 ± square meters, shown on Cadastral plat no.083-H-00

  • There is no minimum offer amount. Offerors may submit written offers for any or all parcels.
  • Deadline to submit offers is June 29, 2018.
  • Offers shall be submitted in writing by personal delivery to any FSM Development Bank office or by email to Nora E Sigrah, Legal Counsel: noras@fsmdb.fm
  • All offers must state the full name, address, phone number, e-mail address or other valid contact information for the person submitting the offer.
  • All offers must clearly state in writing the amount offered for each parcel.
  • The Offeror whose offer the FSM Development Bank accepts in writing must pay the full amount of the offer within ten (10) calendar days to the Bank.
  • Fee simple title to the parcels shall be conveyed by FSM Development Bank through deeds of conveyance to persons who are eligible to hold fee simple title to land in the Federated States of Micronesia.
  • FSM Development Bank offers the parcels “as-is” with no representations, guarantees nor warrantee as to their condition whatsoever.
  • FSM Development Bank reserves its right to reject any and all offers.
  • Questions concerning this sale may be directed to Nora E Sigrah, Legal Counsel, email: noras@fsmdb.fm , FSM Development Bank, PO Box M, Pohnpei, FM  96941, phone no. 691-320-2840, website: www.fsmdb.fm