Property Transfer Tax Form - Land Title and Survey Authority of BC - ltsa 2025

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Pay your property transfer tax notice of assessment Through your bank or financial institution. By mail. At a government office.
Call 1-800-959-8281 BC Services Card Login.
Understanding the Process: Step 1: Gather Necessary Documents. Step 2: Complete the Transfer Form. Step 3: Pay Property Transfer Tax. Step 4: File the Documents. Step 5: Await Confirmation. Step 6: Update Property Records.
Tax amount and specified B.C. areas If the property transfer is within the following areas, the tax rate is 20% on the fair market value of your proportionate share: Capital Regional District. Fraser Valley Regional District. Metro Vancouver Regional District.
Since the property tax rate applies to each $1,000 of taxable assessed value, you must divide the assessed value of your property by $1,000. Next, multiply that number by the property tax rate for your property class to determine your property taxes.
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For any questions on completing the Property Transfer Tax form, please contact the Ministry of Finance Property Transfer Tax Helpline at 236-478-1593 or 1-888 841-0090 (toll free within BC).
If youre wondering about how to avoid BC property transfer tax, the only way is via qualifying for an exemption. The most notable exemptions are the first time home buyer PTT exemption, and the newly built home PTT exemption.

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