Submissions and Legislative Updates

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Bill Introduced: Property Law Amendment Act, 2022

  • March 31, 2022

Bill 12-2022 was introduced to amend the Property Law Act so that a purchaser may rescind a contract of purchase and sale by serving written notice to the seller within a prescribed number of days. Details will be determined in the regulations. The BC government says these amendments will protect homebuyers.

Commercial & Real Estate - Okanagan, Commercial & Real Estate - Vancouver Island, General Practice - Lower Mainland and 2 more..., Real Property - Vancouver, Solicitors' General Practice-Central Vancouver Island

Other

Letter to Land Title and Survey Authority of BC: Land Owner Transparency Registry

  • March 17, 2022

CBABC has asked the Land Owner Transparency administrator to consider a series of recommendations designed to improve the process and requirements for land owners to file notice of beneficial ownership in BC. These recommendations are in response to privacy concerns and technical issues identified by CBABC members.

Commercial & Real Estate - Okanagan, Commercial & Real Estate - Vancouver Island, Real Property - Vancouver

Bill Introduced: Bill 11-2022 Commercial Liens Act

  • March 11, 2022

B.C. is planning to adopt the model Uniform Liens Act prepared by the Uniform Law Conference of Canada, which was recommended by BCLI in 2003. This new model will create a new statutory commercial lien that may be registered in the registry established under the Personal Property Security Act.

Banking Law, Business Law, Commercial & Real Estate - Okanagan and 4 more..., Commercial & Real Estate - Vancouver Island, Construction Law, Corporate Counsel, Real Property - Vancouver

Bill Introduced: Bill 9 – 2022: Attorney General Statutes Amendment Act, 2022

  • March 09, 2022

The provincial government has introduced an Attorney General Bill for amendments to the Civil Resolution Tribunal Act, Notaries Act and Legal Profession Act.

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Provincial Government

Response from BC Government: LOTA Filing Deadline Extension

  • November 02, 2021

The government heard from legal professionals that more time is needed to meet new requirements to file under the Land Owner Transparency Registry, and has extended the deadline an additional year to November 30, 2022.

Commercial & Real Estate - Okanagan, Commercial & Real Estate - Vancouver Island, Real Property - Vancouver and 1 more..., Solicitors' General Practice-Central Vancouver Island

Provincial Government

Letter to Minister of Finance: Land Owner Transparency Act Deadline

  • October 25, 2021

The recently enacted Land Owner Transparency Act, SBC 2019, c.23 (“LOTA”) requires that certain registered owners of real property interests in British Columbia file initial transparency reports disclosing their interest holders by November 30, 2021.

Commercial & Real Estate - Okanagan, Commercial & Real Estate - Vancouver Island, Real Property - Vancouver and 1 more..., Solicitors' General Practice-Central Vancouver Island

Provincial Government

CBABC Oral Submission to Select Standing Committee on Finance and Government Services: Budget 2022

  • September 02, 2021

CBABC was invited to present before the Standing Committee on Finance and Government Services as part of a public consultation by the provincial government for the 2022 budget.

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Other

Cullen Commission: Closing Submissions of CBABC and CDAS

  • July 13, 2021

On July 9, 2021, CBABC delivered its final submissions to the Commission of Inquiry into Money Laundering in British Columbia. CBABC received joint standing with the Criminal Defense Advocacy Society to participate in the Commission in the fall of 2019. Our participation and submissions were not to overlap with those of the Law Society of BC.

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