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When you purchase or gain an interest in property that is registered at the Land Title Office, you are responsible for paying property transfer tax.

Annual property taxes are one of the largest revenue sources in the province, and are critical to providing programs and services in communities throughout B.C.

When you own or lease a property or manufactured home in B.C., property taxes must be paid yearly for each property. The money raised from the property taxes you pay is used to fund local programs and services.

Your property assessment significantly influences the amount of property taxes you pay. You will receive your property assessment notice from BC Assessment each year in January. Your property is assessed to determine its: Value, Classification, Exemptions if any.

Please visit Your property assessment for more details.