CLE Online

Welcome and Introduction


Residential Real Estate Tax Update

• high level summary of the Property Transfer Tax Act provisions as implemented on February 2016 and post August 2, 2016
• similarities and differences between the new Additional Transfer Tax and the Property Transfer Tax
• important requirements of the Newly Built House Exemptions (code 49)
• PTT returns an new citizenship requirements for taxpayers
• specific issues that arise in representing purchasers
• specific issues that arise in representing vendors
• the CRA's focus on "house hoppers": the GST status of "lightly lived-in" homes
• assignment of purchase contracts
• other current issues

Noah Sarna — Thorsteinssons LLP, Vancouver
Raluca Dogaru — Policy and Legislative Analyst, Property Taxation Branch, Ministry of Finance, Victoria

Land Title Survey Authority: What They Want You to Know

• practice tips and pet peeves:
  • what we want to see from you v. what you are sending us
• quality verification:
  • pitfalls involved in trying up forms
  • your electronic signature — what exactly are you certifying?
  • what duty is owed to the registrar?

Lawrence S. Blaschuk — Registrar of Land Titles, New Westminster and Kamloops, Land Title & Survey Authority of B.C., New Westminster
Carlos R. MacDonald — Registrar of Land Titles, Victoria, Land Title & Survey Authority of B.C., Victoria 

Questions and Discussion

Break

Mortgage and Lending Update

• update on recent case law
• collateral transactions
• special mortgages
• priority issues
• issues to watch out for

Timothy J. Lack — Lunny Atmore LLP, Vancouver

Top Five Tips for Assisting in the Smooth Purchase of a Strata Lot

• parking and storage lockers
• Form F – what can be claimed, and how to deal with amounts improperly claimed;
• Form B – undertakings to pay, duties of the lawyer, risks associated with existing Alteration and Indemnity Agreements
• holdbacks for Special Levies – how to handle them
• purchasers buying property from a strata corporation through a court ordered sale
  
  Jennifer L. Neville — Hammerberg Lawyers LLP, Vancouver

Questions and Discussion

Lunch with Featured Speaker: "Affordability in Vancouver: How We Got Here and Where We are Going"

Tsur Somerville, PhD — Senior Fellow, UBC Centre for Urban Economics & Real Estate, Sauder School of Business, UBC, Vancouver

Residential Tenancy

• the key provisions of the Residential Tenancy Act, including how to end a residential tenancy
• how a Residential Tenancy Branch hearing is conducted
• judicial review of Residential Tenancy Branch decisions
• practice management points
  
  David Moonje — Stewart, Aulinger & Company, Vancouver
  speaker tba

Foreclosures: An Overview

• demand and notices
• commencing proceedings
• Order Nisi
• redemption period/redemption of the mortgage
• Order Absolute
• Order for Conduct of Sale
• purchase and sale of the mortgaged property
• order approving sale

Scott H. Stephens — Owen Bird Law Corporation, Vancouver
Alan Frydenlund, QC — Owen Bird Law Corporation, Vancouver

Real Estate as a Regulated Activity

• the changing regulatory landscape
• how realtors can affect transactions
• how to deal with circumstances where the realtor becomes a factor in the transaction
  
  Maureen E. Baird, QC — Lunny Atmore LLP, Vancouver

Questions and Discussion

Break

Saving the Collapsing Deal (or at least not making it worse)

• making the time-sensitive and important decisions necessary to preserve your client's rights
• recognizing the options available to your client and keeping those options alive
• avoiding an anticipatory breach
• creating an evidentiary record to bolster your client's case
• deciding whether to tender
• dealing with other players (realtors, etc.) in the collapsing deal

Andrew P. Morrison — Shields Harney, Vancouver
Lisa Niro — Bell Alliance Lawyers & Notaries Public, Vancouver

The Bigger Deals: Moving Your Practice Toward Development

• structures
• acquiring the land — the purchase agreement
• financing
• the Real Estate Development Marketing Act

Kerry Austin — Borden Ladner Gervais LLP, Vancouver

Hot Topics Roundtable

Ron Usher — General Counsel, The Society of Notaries Public of BC, Vancouver
Emily Lewis — Director, Audit and Compliance, Property Taxation Branch, Ministry of Finance, Victoria
Timothy J. Lack — Lunny Atmore LLP, Vancouver
Jennifer L. Neville — Hammerberg Lawyers LLP, Vancouver
Raluca Dogaru — Policy and Legislative Analyst, Property Taxation Branch, Ministry of Finance, Victoria

Questions and Discussion