Municipal Tax Sale
You property will be sold at a tax sale if you are in delinquent balance, which reflects 3 years of unpaid taxes. The tax sale is held annually, according to the Province of British Columbia's Local Government Act.
The annual tax sale takes place at 10am on the last Monday in September at the Council Chambers. Properties which may be included in the annual tax sale will be listed in the local newspaper the week preceding the tax sale. If the delinquent taxes are paid before 10:00am on the tax sale day, they will be removed from the list of properties.
Register for the Tax Sale
All individuals who intend to bid on properties in the tax sale must pre-register prior to the start of the tax sale. Registration begins at 8:45am outside the doors of the Council Chambers. You will need 1 piece of photo ID and SIN number for registration. Registration will complete at 10:00am.
Avoid Tax Sale of Your Property
- Pay your property taxes and claim your home owner grant (if eligible) by the due date.
- Pay your delinquent taxes by September 2 to avoid your property from being listed in the newspaper.
- Pay your delinquent taxes, including interest, by mid-September to stop your property from going to tax sale.
Pay Delinquent Taxes
Payment for delinquent taxes will be accepted in the following forms:
- Certified cheque or money order
- Bank draft
- Lawyer’s trust cheque
- Interac (at City Hall)
- Telephone or internet banking (allow 3 to 4 business days to process)
- Cash (at City Hall)
The current owner has 1 year after the property is sold at Tax Sale to pay all taxes, interest, and charges to retain ownership of their property. This is called the redemption period.
Registered charge holders have full right to redeem the property. To redeem the property, the charge holder must remit the full upset price, plus interest on the purchase price at a rate set by the Province, within 1 year of the Tax Sale.
As soon as the property is redeemed, the Collector will refund to the Tax Sale purchaser the purchase price, plus interest to the date of redemption.
Property Not Redeemed
If the property is not redeemed during the 1-year period, the Collector registers the new owner at the Land Title Office, thus cancelling all previous charges, except for those matters set out in Section 276(1)(c) to (g) of the Land Title Act, and any lien of the Crown, an improvement district, or local district.
This page intended to provide a general outline of the tax sale process. For complete information, prospective purchasers should consult the Local Government Act, in particular (but not limited to), Sections 645 to 672.