If you are a land owner in British Columbia, you may have recently received a letter from the province’s Land Owner Transparency Registry (“LOTR”) indicating the need to file a transparency report by November 30, 2022.
Effective November 30, 2020, the British Columbia Land Owner Transparency Act (“LOTA”) came into force. LOTA is intended to increase land ...
As of November 30, 2020, any landowner or tenant applying to register certain interests in land (a transfer or certain leases) also had to file a transparency declaration with the Land Owner Transparency Registry (“LOTR”). Each transferee that is a “reporting body” as defined by the Land Owner Transparency Act (“LOTA”) also had to file a transparency report ...
Your Comprehensive Guide to Compliance with the Land Owner Transparency Act (British Columbia)
Note: You can read the full article below or you can download a pdf version here.
British Columbia’s Land Owner Transparency Act, SBC 2019, c 23 (“LOTA”) will come into force on November 30, 2020. At the same time, British Columbia’s new beneficial ownership registry ...
On September 20, 2020, the Province of British Columbia confirmed by Order in Council that most of the provisions of the Land Owner Transparency Act, SBC 2019, c 23 (“LOTA”), will come into force on November 30, 2020. The Province also released the Land Owner Transparency Regulation (the “Regulation”), which will come into effect concurrently with LOTA. The ...
This is the first in a series of articles to be published by Lawson Lundell on the subject of the BC Government’s Land Owner Transparency Act (British Columbia) (“LOTA”).
In 2018, the B.C. government released a White Paper on LOTA which set out a draft legislative framework for the introduction of a publicly accessible registry (the “Registry”) for the disclosure ...
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