Tax Sale

The tax sale date was on Monday, September 25, 2023, at 10 a.m.

What is the tax sale?

According to provincial legislation, every municipality in B.C. must hold a tax sale on the last Monday of September at 10 a.m. at the municipal hall.

The tax sale is a public auction of properties that have three years of outstanding property taxes. To avoid tax sale, you must pay your taxes from three years ago (2021), known as delinquent taxes.

The Village has sent a letter to affected property owners with more details.

The upset price is the lowest amount that the property may be sold for at the tax sale. The upset price is the sum of the following:

• all the property taxes outstanding at the date of the tax sale
• all applicable penalties and interest
• an additional 5% of all taxes, penalties, and interest
• all applicable Land Title Act fees

The highest bidder above the upset price is declared the purchaser. If there is no bid or bid equal to the upset price, the municipality must be declared the purchaser.

Redemption period

If your property is sold in a tax sale, you have one year to get it back.

• During this redemption period, the property will continue to be assessed and taxed in your name.
• You will also retain possession of the property.
• To get it back (so it is not transferred to the purchaser from the tax sale), you need to pay the upset price, all costs for maintenance of the property, taxes, and interest within one year of the auction date.

Paying your taxes

If you have delinquent taxes and want to find out your current balance or have questions about making a payment, email finance@lytton.ca.

Remember you only need to pay the delinquent taxes to avoid tax sale. These are the taxes outstanding from 2021. If you don’t pay them, the Village will sell your property at tax sale.