As of April 30, 2021, the Land Owner Transparency Registry (LOTR), BC’s new registry intended to track indirect interest in property ownership is now searchable.
Using your Land Title Survey Authority account – through myLTSA – you can not only search and order a land title, but can now search if any other beneficial owners, not on title, have been reported.
The LTSA recently posted a short video tutorial on how to use the registry.
BCREA has communicated extensively about the Land Owner Transparency Act (LOTA) and the registry, as well as REALTORS®’ role in advising their clients of their obligations as covered in the Act. Here’s BCREA’s top ten list highlighting what REALTORS® need to about the LOTA and LOTR. There are also a number of resources available at www.landtransparency.ca.
Source: FVREB Communications