January 13, 2021 – RECBC Licensing Fee Changes

On Wednesday, January 13, the Community of Practice was joined by Erin Seeley, CEO of the Real Estate Council of British Columbia (RECBC), and Lisa Holst, Senior Director, Accounting and Audit at RECBC. Erin and Lisa provided an update on the proposed changes to licensing fees, which would take effect on April 1, 2021.

September 13, 2023 – Real Estate Transactions Involving Indigenous Lands

On Wednesday, September 13, 2023, we were joined by Barry Porrelli, Lawyer and Owner at Porrelli Law, and Scott Simpson, Notary Public and Partner at Simpson Notaries. Barry and Scott provided an informative session on different legal regimes, understanding leases, the leasing process on reserve lands, how to complete the Contract of Purchase and Sale with particular attention to Clauses 5, 7, and 8, and more.

Below are answers to some questions our guest speakers were unable to address during the September 13, 2023 session:

  1. Why are there such a disproportionate number of First Nations Bands in BC (200) compared to 600 plus in the rest of Canada?
    • There are a lot more Indigenous people in Ontario than BC and I believe the reserves there can be much larger – but why there are more individual Bands in BC a historian would have to answer as I don’t really know.
  2.  Does a First Nations lessee’s GST exempt status extend to all First Nations real estate or just their own? For example, if a Westbank is leasing in a Musqueam project.
    • Generally, we don’t give tax advice – but I believe the tax exemption comes from being a Status Indian, not a member of a particular Band.


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.