Taxation and Property Assessment

Your tax bill is mailed to you in January, along with the collection schedule. Payments are made in four instalments, in March, May, June and September. You can pay your bill in three different ways: online bank payment, cheque, or cash in person at Town Hall.

To make this change on the property tax roll, you must fill out the form available by clicking here.

In accordance with the Act respecting duties on transfers of immovables, the Town of Brome Lake must collect a duty on the transfer of any immovable located on its territory (consult the by-law by clicking here [LINK]).

It must be paid to the municipality by any new purchaser of an immovable on its territory. Transfer duties are normally billed at the time of the transaction by your notary and are payable to the Town within 30 days.

There are, however, exceptions where the purchaser may be exempted, such as when:

• the tax base is less than $5,000;
• the transfer is between relatives, either in the direct ascending or descending line (son, daughter, father, mother), between spouses, between father-in-law or mother-in-law and son-in-law or daughter-in-law, or between stepfather or stepmother and stepson or stepdaughter;
• the transfer of real estate to the company by a shareholder holding more than 90% of the shares in the company, or vice versa.

The Act respecting duties on transfers of immovables provides for a number of other exemptions. Your notary will be able to advise you. You can also consult the Government of Quebec website.

Make sure your mailing address is up to date on your notarized contract to avoid any delay in payment. Don't hesitate to ask your notary any questions you may have about transfer duties. 

This type of procedure can be initiated in the following cases:

• Every three years, when filing the assessment roll;
• When you receive notice of a change to the assessment roll for your property.

To find out more, consult our dedicated section.