Annual Property Tax Sale
Any property with taxes (deemed to include any penalty and interest charges and other property related charges) unpaid at the end of three years, will be sold at the City's annual tax sale. The City is required by the Province (via The Local Government Act) to hold this tax sale. The Sale is held each year on the last Monday of September (or if this is a holiday, on the next Monday which is not a holiday). It is held at 10:00 a.m. at City Hall located at 12007 Harris Road, Pitt Meadows, BC.
What Properties are currently for sale?
The list of properties that may be available for sale will be published in the local newspapers on two separate dates, the last publication being not less than 3 days or more than 10 days before the date of the tax sale. A final list of the properties still available for sale will be distributed at the time of the tax sale.
What is the Tax Sale Process?
The sale is a public auction with the successful bid being the highest bid above the upset price. The upset price is the total of all outstanding taxes plus penalties, interest and costs. We require payment by cash, certified cheque or money order before 2:00 p.m. of the day of the tax sale. If these are not produced, the tax sale is re-opened and the property is sold again.
The owner of the property, or any registered charge holder, will be notified of the sale of the property for taxes. They have a period of 12 months to redeem the property by paying the outstanding taxes. Only at the end of the redemption period, if the property has not been redeemed will title pass to the successful bidder. If the property is redeemed, all of the amounts paid to the City by the successful bidder will be returned with interest at the rate prescribed under the Act.
The successful bidder has only limited legal rights to the property during the redemption period. The registered owner continues to have use and enjoyment of the property.
The successful purchaser of tax sale property that results in transfer of title at the end of the redemption period will be required to pay any property purchase taxes and goods and services taxes which may apply to the sale.