New Regulations Soon in Effect from CMHC
Stricter regulations for mortgage applications will soon be implemented by the Canada Mortgage and Housing Corporation (CMHC). These changes are being implemented in response to ... Continued
Some Clarity on the Foreign Buyer’s Tax: Amendment to the Property Transfer Tax Regulation
The provincial government recently announced an amendment to the Property Transfer Tax Regulation to provide clarity on how the additional property transfer tax applicable to ... Continued
Many BC Public Hearings Go Electronic
The provincial government repealed and replaced Ministerial Order M083 under the Emergency Program Act with Ministerial Order M139, allowing public hearings to continue in an ... Continued
LTO Closure due to COVID-19 – Is title insurance the solution?
What happens to a property transfer or mortgage financing if the Land Title Office (LTO) is closed and no longer able to accept registrations? Although ... Continued
Bill 25: Proposed Changes to REDMA
Bill 25 – 2018: Real Estate Development Marketing Amendment Act is subject to change. We will update these changes as they develop. For the latest ... Continued
Changes to Property Transfer Tax and APTT (Foreign Buyers Tax) Effective February 21st
Updated and corrected February 21, 2018 as to Exemptions Changes to the Province’s Property Transfer Tax system have been some of the most highly anticipated ... Continued
Clark Wilson assists Vancouver Fraser Port Authority with three land purchases
We are honoured to act for the Vancouver Fraser Port Authority in the acquisition of three strategic industrial-zoned properties in Richmond and Coquitlam. Sarah Jones ... Continued
Province announces 15% property transfer tax for foreign entities
Yesterday, BC announced that the property transfer tax for foreign buyers of residential property in the greater Vancouver region will increase to 15%. Sarah Jones ... Continued
Breaking News: Province Announces Increase in Property Transfer Tax Payable by Foreign Entities
Earlier today, the British Columbia government announced that the property transfer tax rate payable by foreign entities on purchases of residential property in the Greater ... Continued
NAIOP and UDI Forecasts (in bite-sized pieces)
Our commercial real estate lawyers were all over Twitter today about the NAIOP and UDI Forecasts, both huge industry events that our lawyers attended.
Darren Donnelly presents to UDI on REDMA
Darren Donnelly presented at an Urban Development Institute (UDI) Pacific Region breakfast on September 11, 2014 on the topic of “Legal Update: REDMA Amendments“. Following ... Continued
REDMA Regulations and Policy Statements Amended
REDMA Regulations and Policy Statements amended following amendments to REDMA.