The Land Title and Survey Authority of British Columbia (LTSA) advises customers that the launch of the Land Owner Transparency Registry (LOTR) has been delayed to Fall 2020.
The launch of LOTR is dependent upon the Land Owner Transparency Act being brought into force by the legislature and its associated regulations. Due to the COVID-19 pandemic, changes to the Province’s legislative calendar resulted in this delay.
The first of its kind in Canada, LOTR is a registry of information about individuals who are deemed to have an indirect interest in land. The LTSA is responsible for developing and operating LOTR, as set out in the Land Owner Transparency Act. LOTR is part of the Province of BC’s comprehensive planfor eliminating hidden ownership of real estate in BC.
Visit landtransparency.ca for more information about the Act and the registry.