Most Land Title and Survey Authority of British Columbia (LTSA) services fees will increase by one percent as of April 1, 2021. LTSA uses revenue from fee increases to address the impact of inflation on operations.
Under LTSA’s Operating Agreement with the Province, LTSA may increase its services fees annually by the adjusted Consumer Price Index (CPI) amount. LTSA reviews the need for a CPI increase annually, yet the process may not always result in a fee change. A previous fee increase of two percent took effect in 2020.
For Land Title Act services, the fee increase will only be applied to LTSA’s portion of fees, resulting in a smaller net increase overall. Land Title Act service fees are payable to LTSA and remitted to both LTSA and the Province. Services established under the Land Act, Mineral Tenure Act, and Oil and Gas Activities Act, along with myLTSA service fees and Administrative fees will also increase by one percent. View current LTSA fees and projected fees as of April 1, 2021.
As a regulated, not-for-profit statutory authority, LTSA reinvests cash from operations to continually add value both in the public interest and for our customers. Since its creation in 2005, LTSA has invested $83.8 million (as at December 31, 2020) 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.
Please email us at moreinfo@ltsa.ca with any questions you may have.