BC Government Provides Guidance on LOTA Interpretation
The BC Government (“Government”) recently provided updated guidance for interpreting the Land Owner Transparency Act, SBC 2019, c. 23 (“Act”), which came into force on ... Continued
FAQs: Land Owner Transparency Register
What is LOTA and why was it enacted?
BC Government Extends LOTR Filing Deadline
This morning, the Province posted an Information Bulletin announcing that the mandatory filing deadline for pre-existing owners of certain interests in land to file a ... Continued
LOTR for Trusts and Estates
Note: The deadline for compliance with LOTA has now been extended to November 30, 2022 This article is posted as an important update for owners ... Continued
The Land Owner Transparency Registry is Now Public
Starting today, April 30, 2021, the Land Owner Transparency Registry (“LOTR”) is searchable by the public on myLTSA. In a previous article, we discussed what ... Continued
The Complicated New Transparency Regime for Trusts
In recent years, the provincial and federal government have announced legislative and regulatory changes with the goal of combating money laundering, tax evasion and other ... Continued
Update: Land Owner Transparency Act in force November 30, 2020
Further to our previous article of September 16, 2020, the Province of BC approved Order in Council No. 549 on September 20, 2020 which brings ... Continued
Update: Land Owner Transparency Act in force November 30, 2020
Further to our previous article of September 16, 2020, the Province of BC approved Order in Council No. 549 on September 20, 2020 which brings ... Continued
LOTR – the Land Owner Transparency Registry
In an effort to increase disclosure of the ownership of real estate in B.C., the Land Owner Transparency Act (“LOTA”) received royal assent and will ... Continued
Proposed Legislation for Transparency – Land Owner Transparency Act
By Karen Ngan INTRODUCTION A key aspect of the 2018 BC Provincial budget was the “Homes for BC: A 30-Point Plan for Housing Affordability in ... Continued