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Tax Sale

This page was last reviewed on September 27, 2017.

**Updated September 22, 2017. No properties available for tax sale.

Each year on the last Monday in September at 10:00 a.m. in the Council Chambers, at 2675 Dunsmuir Ave, Cumberland BC, the Collector shall offer for sale, by public auction each parcel of real property on which taxes are delinquent.

Once a property is sold at Tax Sale the owner of the property, or an owner of a registered charge against the property or another person on their behalf has a period of one year from the date of the tax sale to redeem the property. On the day of the Tax Sale any person, upon being declared the successful bidder, must immediately pay the upset price, by cash, bank draft or certified cheque. Debit card will not be accepted. The remaining balance owing must be paid by 3:00 p.m. the same day. Failure to pay the balance will result in the property being offered for sale again at 10:00 a.m. on the following day.

During the period allowed for redemption, a tax sale property must continue to be assessed and taxed in the owner’s name.

The amount to redeem a tax sale property is the sum of the upset price, plus all costs of which the collector has had notice that have been incurred by the purchaser in maintenance of the tax sale property and in prevention of waste, plus taxes advanced by the purchaser, plus prescribed interest to the date of redemption.

During the period of redemption, the owner of the property retains the right to possession of the tax sale property.

For more information please call our office at 250-336-2291.

Local Government Act – Part 16 – Sections 645-672 – Annual Municipal tax Sale

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