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 1, 2023 – Managing Brokers Policies and Procedures Manual Template & Standard Forms Launch

On Wednesday, November 1, 2023, we were joined by Jim McCaughan, Professional Services Support Advisor at BCREA, and Ryan DeLuca, Managing Director at 25th Hour Regulatory Consulting. Jim provided an informative overview of BCREA’s November 2023 Standard Forms Launch, including a summary of the forms change process, standard forms resources, a synopsis of the standard forms launch itself, and more. Ryan gave an invaluable presentation on topics such as why brokerages need a policies and procedures manual, things to consider when creating the manual, sections to include in the manual, best practices, and more.

Resources:

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.