November 2, 2021 Category News, Uncategorised
The BC government has extended the deadline for pre-existing owners to file with the Land Owner Transparency Registry (LOTR), giving reporting bodies with an interest in land more time to file a transparency report.
The revised filing deadline of November 30, 2022 responds to concerns from legal professionals in BC that pre-existing owners need more time to gather information about ownership and prepare to file to LOTR. The extension will allow the Province to provide greater support through direct outreach and education, and give reporting bodies the time needed to determine if they must file and work with their legal professional to comply with the new requirement in British Columbia.
For more information, refer to the BC government’s Information Bulletin