Category: Real Estate Development

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Earlier this year, the Province of British Columbia brought into force new rules that impacted short-term rental units.
On April 22, 2024 the Minister of Housing released updates to the Strata Property Regulation regarding depreciation reports that will come into effect on July 1, 2024.
On February 22, the Provincial Government introduced Budget 2024, which made several significant tax changes focused on housing.
The provincial Budget 2024 revealed a new tax is on the horizon for sellers of real estate within British Columbia.
Effective September 30, 2023, many of the COVID-related measures implemented by the Land Title and Survey Authority of British Columbia will be retired.
Developers have to deal with the requirements imposed by a municipality through the development permit process.
COVID-19 has resulted in a number of issues which put the performance of purchase contracts for real property at risk.
The B.C. Ministry of Agriculture has prepared a discussion paper to seek input into a draft Minister's Bylaw Standard to assist local government bylaw development.

Since 2009, real estate developers (“Developers”) have been subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the “Act”).  Under this Act, Developers are required to comply

Developers have to deal with the requirements imposed by a municipality through the development permit process. These requirements can be onerous and time consuming, and sometimes appear to the developer

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