On or before November 30, 2021, every relevant corporation,
relevant trust, or relevant partnership (each, a "Reporting
Body") holding a registered interest in land in British
Columbia is required to complete and file a Transparency Report
under the Land Owner Transparency Act ("LOTA"),
unless the interest is transferred to another person before this
date. An "interest in land" includes registered ownership
of a property, leases with a term of more than ten years remaining
as of November 30, 2020, or a right under an agreement for sale to
occupy land or to require a transfer of the land.
On the Transparency Report, a Reporting Body is required to
disclose, in addition to information about the relevant
corporation, relevant trust, or relevant partnership, the following
information on every individual that is a "interest
holder" of the Reporting Body:
