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ARTICLE · 22 JUNE 2021

British Columbia Land Owner Transparency Registry

Miller Thomson
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Effective November 30, 2020, the British Columbia Land Owner Transparency Act ("LOTA") came into force, bringing into existence the new British Columbia Land Owner Transparency Registry ("LOTR").

CanadaReal Estate and Construction
Sharon MacMillan
Sharon MacMillan
Michael Walker
Michael Walker
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Effective November 30, 2020, the British Columbia Land Owner Transparency Act ("LOTA") came into force, bringing into existence the new British Columbia Land Owner Transparency Registry ("LOTR"). This is a publicly searchable registry containing names, citizenship and other information of individuals who have indirect interests in land in BC.

The LOTA imposes initial and ongoing disclosure obligations that impact any individual or entity acquiring an interest in land in BC on or after November 30, 2020. The LOTA also imposes disclosure obligations on pre-existing owners of an interest in land in BC in some circumstances.

Real estate owned by individuals purely in their personal capacity (e.g, not as a trustee or on behalf of a partnership) is not subject to the disclosure requirements in the LOTA.

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