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Nov 26, 2020

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

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Nov 26, 2020

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

Author profile photo
By Shaheed Devji,
Assistant Manager, Marketing & Communications
Author profile photo
By Shaheed Devji,
Assistant Manager, Marketing & Communications

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:

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

To subscribe to receive BCREA publications such as this one, or to update your email address or current subscriptions, click here.

Author profile photo
By Shaheed Devji,
Assistant Manager, Marketing & Communications