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Land Owner Transparency Registry opens to public | Columbia Valley, Cranbrook, East Kootenay, Elk Valley, Kimberley


Posted:
May 6, 2021
Land Owner Transparency Registry opens to public
Transparency information on interest holders of B.C. real estate is available for public search in the Land Owner Transparency Registry, giving law enforcement and tax authorities a significant tool to combat money laundering in the real estate market, according to the B.C. Ministry of Finance.
The Land Owner Transparency Registry is a first-of-its-kind registry in Canada that requires beneficial ownership disclosure for all land types. Whenever a relevant corporation, trust or partnership buys land in B.C., they are now required to disclose the interest holders of that land and file that information with the registry through a transparency report. ....

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