As announced on February 25, 2020, a two percent increase to most Land Title and Survey Authority of British Columbia (LTSA) services fees is now in effect. The two percent increase means common transactions such as registering title will see an increase of $0.71 and a title search will increase by $0.09. The increase reflects parallel increases in the Consumer Price Index.
Under the LTSA’s Operating Agreement with the Province, the LTSA may increase its services fees annually by the adjusted Consumer Price Index (CPI) amount and reviews the need for a CPI increase annually in February
The LTSA uses revenue from fee increases to address the impact of inflation on operations. The fees we collect ensure continued operation of the LTSA’s services, which are an essential underpinning to BC’s private property market in general, and recently declared by the Province as an essential service during the COVID-19 pandemic.
As a regulated, not-for-profit statutory authority, the LTSA reinvests cash from operations to continually add value both in the public interest and for our customers. Since its creation in 2005, the LTSA has invested $81 million (as at December 31, 2019) to maintain operational excellence and leverage technology and other innovations to become one of the top performing land title and survey systems in the world.
View current LTSA fees as of April 1, 2020.