REMINDER: Land Owner Transparency Act and Registry Take Effect on November 30

The Land Owner Transparency Act (LOTA) and the Land Owner Transparency Registry (LOTR) come into effect on November 30, 2020, and that means REALTORS® should prepare for changes to practice when completing a transaction to allow for the new reporting requirements outlined by LOTA.

The following resources will help Realtors get up to speed and prepare for conversations with clients about LOTA and LOTR:

• Land Owner Transparency Registry Filings Required Beginning November 30
• Three Things to Know About the Land Owner Transparency Act and Registry
• Listen: Open House by BCREA podcast interview with lawyer Jamie Matthews

Realtors should also visit landtransparency.ca for more information Land Owner Transparency Act and the Land Owner Transparency Registry.

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