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Land Owner Transparency Registry

Real Estate TipsBy June Conway November 30, 2022 Leave a comment

The first-of-its kind in Canada, the Land Owner Transparency Registry (LOTR) is a registry of information about individuals who are deemed to have an indirect interest in land as defined in section 1 of LOTA (e.g. through corporations, trusts and partnerships) which is housed in a searchable, public database. As of November 30, 2020, the…

Land Owner Transparency Registry

Real Estate TipsBy June Conway November 30, 2020 Leave a comment

The Land Owner Transparency Act1 (LOTA) came into effect on November 30, 2020, and with it, the Land Owner Transparency Registry (LOTR). Now, with every change in title to a property in British Columbia, a transparency declaration must be filed with the Land Title and Survey Authority of British Columbia (LTSA). Individuals acquiring an interest…