Overdue rural property taxes

Publication Date: July 17, 2023

Last updated: July 17, 2023

If you do not pay your property taxes by the due date, your property taxes will become overdue and a penalty may apply. You’ll receive a Statement of Account each month showing the overdue amounts you owe. You may not receive your first Statement of Account until September.

Unpaid property taxes become delinquent after December 31 of the current tax year and collection action will begin.

Collection action may include:

  • Notifying the Canada Revenue Agency to set aside money owing to you
  • Registering a lien against your property or personal belongings
  • Requiring your employer to deduct money from your paycheque
  • Issuing a demand notice to your bank, credit union or trust company to pay from your account(s)
  • Seizing your personal belongings
  • Forfeiture of your property to the Province of British Columbia

Over the following two years, the province will take steps to collect any unpaid balances, including transferring ownership of your property to the Province of British Columbia.

 2nd Year 

January 1
  • Collection actions begin
  • You will be charged a per annum interest rate of prime plus 3% monthly on your unpaid balance
May 31
  • Your current tax year rural property tax notice is mailed out
October 1
  • A Notice of Forfeiture is mailed out to advise you that your property will forfeit next year if your unpaid balance is not paid in full
December 1
  • A $78.75 (includes GST) forfeiture fee is applied to your unpaid account balance

3rd Year

May 31
  • Your current tax year rural property tax notice is mailed out
October 1
  • A Final Notice of Forfeiture is mailed out to advise you and all interested parties that your property will forfeit if your unpaid balance is not paid in full
November 30
  • Deadline to pay your unpaid balance in full
December 1
  • Forfeiture occurs, transferring the ownership of the property to the Province of British Columbia

 Forfeiture

If any balance remains outstanding on December 1 of the 3rd year, your property will forfeit to the Province of British Columbia. When a property is forfeited, ownership of the property is transferred to the Province of British Columbia and a Certificate of Forfeiture is registered at the Land Title Office.

The following image shows the forfeiture cycle. Click the image to download the full size as a printable PDF (109 KB).

Diagram of the B.C. property tax forfeiture cycle

Redemption

The one-year redemption period begins from the date the property forfeited to the province. To restore ownership of the property, you need to pay:

  • Your unpaid balance in full, plus the redemption fee of $262.50 (includes GST)
  • If applicable, all maintenance, insurance or security costs the province has paid for since forfeiture

If your outstanding balance is not paid by the end of the redemption period, monthly interest will continue to be added and you will move into the revestment period.

Revestment

The two-year revestment period begins at the end of the redemption period. To restore ownership of the property, you need to pay:

  • Your unpaid balance in full, plus the revestment fee of $525 (includes GST)
  • If applicable, all maintenance, insurance or security costs the province has paid for since forfeiture

If your outstanding balance is not paid by the end of the revestment period, the forfeiture becomes final and the ownership of the property can’t be restored.

Important dates

Find out what the important dates are for the current tax year.

Make a payment

You can make a payment in full, or contact the collection officer responsible for your account to arrange a payment plan.

Contact Information

Fax
250-356-1090
Toll Free
1-866-566-3066
Street
Receivables Management Office, 1802 Douglas Street Victoria BC V8T 4K6
Mailing
Receivables Management Office, Ministry of Finance, PO Box 9445 Stn Prov Govt Victoria, B.C. V8W 9V5