May 1998 - British Columbia Real Estate Association

Property Transfer Tax – Avoidance of Tax Upon Subdivisions and Consolidations of Property #285

Harveen Dhaliwal | May 1, 1998

By Gerry NeelyB.A., LL.B. The Ministry of Finance issued a Property Transfer Tax Act Information Bulletin 1-96, to set out in detail the steps that must be taken, if property transfer tax is to be avoided in the following circumstances. The first is where owners of adjacent parcels of land plan to consolidate and subdivide them, …

The British Columbia Real Estate Association acknowledges that our head office is located on the unceded traditional territories of the Coast Salish Nations of Sḵwx̱wú7mesh (Squamish), səl̓ilwətaɁɬ (Tsleil-Waututh), and xwməθkwəy̓əm (Musqueam). We also acknowledge the other 195 First Nations in British Columbia, as these are the lands we each call home.