Complying with British Columbia’s new real estate owner reporting requirements will create a lot of legal work and raise the price of real estate transactions, lawyers say.
As Ontario prepares to enact the second phase of its construction lien legislation, the other provinces are considering or implementing a similar new prompt payment and adjudication regime.
As the B.C. government continues its crackdown on money laundering, the Law Society of B.C. is proposing a rule change relating to trust funds plus issued guidelines for private loans agreements in a bid to protect lawyers from becoming collateral damage.
