The District of West Vancouver plans to sell seven properties that haven’t paid their taxes to the municipality. The properties will be sold at an auction to be held in the council chamber at 10 am, Monday, on September 30.
The properties will be sold unless the outstanding balance, including the interest, are paid on time. The Local Government Act requires the district to sell properties whose taxes are in a delinquent balance, which means properties with outstanding property taxes of three years.
Properties with three years of unpaid taxes as of the last Monday in September will be offered for public auction with the starting bid being the upset price.
However, the property owners don’t have to pay all three years’ worth of taxes to keep their property from being sold. Only the delinquent taxes (the oldest) must be cleared up before the property tax sale.
In order to prevent property from being sold at the property tax sale, the delinquent (oldest) taxes, including interest, must be paid before 10 a.m. on Monday, September 30, 2019.
The current owner has one year after the property is sold at tax sale to pay all taxes, interest and charges to retain ownership of their property.