April 21, 2021 – Land Owner Transparency Registry

On Wednesday, April 21, Shannon Brown-John, Deputy Administrator of the Land Owner Transparency Registry (LOTR), provided a detailed look into the registry and its public search function.

LOTR becomes publicly searchable on April 30 and guidance from the Real Estate Council of BC (RECBC) on how to use LOTR in real estate practice is coming soon. BCREA will support brokerages and REALTORS® in adapting their practice in accordance to the RECBC guidance once it’s available.

  • Session slide deck (LOTR)
  • LOTR website
  • BCREA FINTRAC and LOTR Resources
  • LOTR contact info: [email protected]
  • Follow-up question:
    • Question: Is a civic bylaw enforcement department considered a law enforcement agency for purposes of LOTR?
    • Answer: No, a civic bylaw enforcement officer would not have access to the full set of data, they would only have access to the information available in Public Search.  Only those within the meaning of the Police Act or are a member of the RCMP may inspect transparency records etc. The reference is s.33 of LOTA.
November 16, 2022 – 2023 Regulatory Changes and Standard Forms Launch

On Wednesday, November 16, we were joined by Jamie Matthews, Partner Farris LLP and BCREA Professional Services Manager Jim McCaughan who reviewed the changes being made to Standard Forms required by the Home Buyer Rescission Period coming into effect on January 3, 2023, as well as other form changes being made to enhance REALTOR® effectiveness.

There were some great questions asked during the session that were not related to the “2023 Regulatory Changes and Standard Forms Launch”, please follow up with [email protected] if you still require a response!

The views expressed in these presentations are those of the speakers and do not reflect the views of BCREA or its member boards. Please note, the content of these presentations was current as of the date of each session and we cannot guarantee the accuracy of information provided in past sessions.