Property Tax Sale
Local Government Act
Part 16, Division 7
At 10:00am on Monday, September 29, 2025, in the Council Chambers of the District of Lake Country, the following parcels of property may be offered for sale by public auction unless the delinquent property taxes with interest are paid. PLEASE NOTE: The District may bid on all or any of the properties listed for sale.
BASIC INFORMATION - ANNUAL PROPERTY TAX SALE
- The lowest amount for which parcels may be sold is the Upset Price. The upset price includes:
a. delinquent and arrears property taxes plus interest to date of sale;
b. current year's property taxes plus penalty;
c. the sum of 5% of the forgoing amounts; and
d. $165.04 per lot for Land Titles Office fees. - The highest bidder at or above the upset price shall be declared the purchaser. PURCHASERS MUST PAY BY CASH, CERTIFIED CHEQUE, BANK DRAFT, OR INTERAC (purchasers will be given no later than 12:00 noon of sale to secure funds).
- If no bids are received, the District will be declared the purchaser.
- The purchaser has no legal rights to the property until one year has expired from the date of the sale.
- The owner has one year to redeem the property by paying back the upset price plus interest accrued to the date of redemption and any other related costs incurred by the purchaser.
- At redemption, the purchaser will be refunded any amounts paid plus interest accrued from the date of the Tax Sale. Please allow up to four weeks to process the refund.
- Title to property not redeemed within one year from the date of the Tax Sale will be transferred to the purchaser on receipt of Land Title Act fee.
- The purchaser will be responsible to pay the property purchase tax on the fair market value of the property at the time of the transfer of the title.
- The District of Lake Country makes no representation, express or implied, as to the condition or quality of the properties being offered for sale.
- Prospective purchasers are urged to inspect the properties and make all necessary inquiries to municipal and other government departments, and in the case of strata lots to the strata corporation, to determine the existence of any bylaws, restrictions, charges or other conditions that may affect the value or suitability of the property.
Folio | PID | Civic Address | BC Assessment Short Legal | Upset Price |
---|---|---|---|---|
00000.000 | 000-000-000 | $ |
The annual property Tax Sale is held in the form of a public auction on the last Monday in September. It is a collection tool that enables municipalities to recover outstanding property taxes. Properties with three years of outstanding property taxes are auctioned to the highest bidder.
If the last Monday in September is a holiday, the annual property Tax Sale will instead be held on the next Monday that is not a holiday.
Property owners have a one year period following the sale during which the property can be redeemed by paying the outstanding charges and interest.
More Information
The Local Government Act requires the District to sell at Tax Sale all properties whose taxes have not been paid for three years. The Local Government Act gives the Collector (the District) authority to sell a property for the upset price.
The lowest amount for which parcels may be sold is the Upset Price. The upset price includes:
a. delinquent and arrears property taxes plus interest to date of sale;
b. current year's property taxes plus penalty;
c. the sum of 5% of the forgoing amounts; and
d. a flat rate per lot for Land Titles Office fees.
All property sales are "as is" without warrant or guarantee by the District of Lake Country.
The Local Government Act requires municipalities to publish and advertise information in advance of the Tax Sale including legal descriptions and street addresses.
Attention property owner(s): To avoid your property being listed in the public notice, delinquent property taxes and interest must be paid prior to the publication date, approximately three weeks prior to the Tax Sale date.
A public auction will be held at 10:00 am on the last Monday in September each year in Council Chambers, at Municipal Hall on 10150 Bottom Wood Lake Road. Bidding is accepted on all properties.
If the last Monday in September is a holiday, the annual Tax Sale will instead be held on the next Monday that is not a holiday.
Prospective bidders are advised that it is their responsibility to search the title of the property in advance to determine if there are any charges registered against the property.
The minimum bid is the amount of the upset price.
If no bidding takes place within three calls by the Collector, the District is declared the purchaser at the upset price.
Bidders interested in participating in a Tax Sale auction must attend in person (and register at the welcome desk starting at 9:00 a.m). If bidding on behalf of a company, the bidder must have their social insurance number or business number and company seal.
Bidders should make arrangements with their financial institution to have the guaranteed funds ready by the payment deadline in order to hold the property.
The highest bid will be recorded. Payment must be in the form of guaranteed funds (cash, certified cheque or bank draft) for the full bid amount and must be received by 12:00 noon on the day of the Tax Sale.
If the highest bidder does not pay by 12:00 noon, the District will conduct another auction the next available day at 10:00 a.m.
The Collector (the District) is required, by law, to search all property titles and, within 90 days after the Tax Sale, notify all registered charge holders shown on each property.
The original property owner(s) must be notified of the sale of their property by the Collector within 90 days following a Tax Sale. Property owner(s) have the right to buy back, or redeem, their property by paying the taxes and fees within one year of the sale.
To redeem a property purchased by a private bidder or the District, the charge holder must remit the full upset price, plus interest on the purchase price at a rate set by the Province, within one year of the Tax Sale.
To redeem a property purchased by the District on which improvements were made, the charge holder can remit 50% of the upset price, plus interest, as an instalment, thus extending the redemption period by 11 months and 21 days as outlined in Section 661 of the Local Government Act.
Attention purchasers: If the property is redeemed, the Collector will refund your purchase price plus interest to the date of redemption.
When real property is sold at Tax Sale, all rights held by the person who, at the time of the sale was the owner, immediately cease to exist, except for the right of redemption, the right to bring an action to set aside the Tax Sale, and the right to possession.
The registered owner's right of possession is subject to the purchaser's right to bring action against the original property owner for waste (i.e. damage or destruction to the premises) and the right of the purchaser to enter onto the property to maintain it in the proper condition and to prevent waste. Damage, destruction, or loss of property during the redemption period are at the risk of the purchaser. The purchaser is advised to insure his interest in the property.
For information regarding rights during redemption period, please see the Local Government Act Section 665.
If the property is not redeemed during the one year period following the Tax Sale, the Collector registers the new owner at the Land Titles Office, thus cancelling all previous registered 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 a local district.
The new owners are required to pay the property transfer tax to the Provincial Sales Tax Administrator after application has been made to register in the Land Titles Office.