Residential Real Estate Conference 2023


Course Date: December 7, 2023

Full Course Materials
Total: 6h 14min
Total Ethics: 1h 15min

Course Introduction and Land Acknowledgement (9:00 – 9:10)

Teresa Sheward — Program Lawyer, CLEBC, Vancouver
Timothy J. LackRedpoint Law LLP, Vancouver
Lisa NiroBell Alliance LLP, Vancouver

Morning: LEGAL UPDATE

Case Law Update (9:10 – 9:50)

  • easements: equitable, implied, and changing or cancelling existing easements
  • buyer's remorse: caveat emptor and misrepresentations

Stefani Lefebvre Rush Ihas Hardwick LLP, Kelowna

Strata Property Update (9:50 – 10:20)

  • recent updates to the Strata Property Act, including:
    • rentals and short-term accommodations
    • age restrictions
    • electric vehicles
    • CRF contribution
  • hot topics, including:
    • crane swing agreements
    • heat pumps

Jennifer L. NevilleHamilton & Company, New Westminster
Ben L. ScheideggerHamilton & Company, New Westminster

BREAK (10:20 – 10:35)

Tax Issues Update (10:35 – 11:05)

  • GST and rental purpose-built properties
    • new rebate
    • case law on fair market value
  • Underused Housing Tax
  • Speculation and Vacancy Tax + Vacancy Tax/Empty Homes Tax Update
  • general audit/appeals update

Zheting SuThorsteinssons LLP, Vancouver

Collapsing Deals (11:05 – 11:45)

Andrew P. MorrisonShields Harney, Vancouver
Lisa NiroBell Alliance LLP, Vancouver

LUNCH (11:45 – 1:15) with Featured Speaker

Sustainable Success in 2024 (12:15 – 1:00)

Paula J. Price, LLB, BCL, PCC — Certified Executive Coach, Uplevel Lawyer Coaching, Vancouver

Afternoon: PRACTICE MANAGEMENT UPDATE

Additional Inquiries and Searches—Making Visible the Invisible (1:15 – 1:45)

  • easements, covenants, rights of way, notices of interest, "options," etc.
  • foreshore leases and licenses
  • water licenses and permits
  • Heritage Conservation Act
  • environmental concerns—where is the oil tank?...
  • Geographic Information Systems (regional, provincial, and global)
  • internet and AI based inquires

Ron UsherCommissioned Notary Public, R.I., General Counsel and Practice Advisor, The Society of Notaries Public of BC, Vancouver (presenting remotely)

Remote Execution of LTO Documents—What Now? (1:45 – 2:10)

  • remote witnessing of documents due to Covid-19 is gone—now what?
  • 49 Affidavits of Witness Declaration: when can you use it? when can you not?
  • "Pre-authorized Reasons" for accepting documents for filing without Officer Certification
  • what are the alternatives?

Edward L. WilsonLawson Lundell LLP, Vancouver

ID Verification, Source of Funds, and Client Monitoring: Law Society Requirements and Best Practices (2:10 – 2:35)

  • client ID verification
  • source of funds
  • client monitoring
  • how to avoid fraud and anti-money laundering

Barbara K. Buchanan, KCPractice Advisor, Conduct and Ethics, The Law Society of BC, Vancouver

BREAK (2:35 – 2:50)

Law Practice Management (2:50 – 3:30)

  • engagement letters, checklists, and client management
  • preparing the file
  • limited scope retainers
  • independent legal advice
  • the AWOL client
  • payment of funds
  • use of a Power of Attorney

Timothy J. LackRedpoint Law LLP, Vancouver
Lisa NiroBell Alliance LLP, Vancouver

Hot Topics Roundtable (3:30 – 4:30)

  • the insurance binder explained
  • licensee's role, duty, and rights
  • deposits revisited
  • the bunkered tenant who won't leave
  • holdbacks
  • non-institutional lenders and discharges generally
  • the contract terms vs. closing documents
  • how to tender correctly
  • purchases (and sales) in the foreclosure process
  • caveats, CPLs, and priority
  • non-resident lenders/mortgagees
  • docks and water licences
  • release of deposits when held by law firm: what does it mean to be a stakeholder under the Real Estate Services Act?
  • special levies for repairs in strata building: what happens if you can't get a ¾ vote?
  • bank delay in providing discharges
  • new rules on interest bearing trust accounts

Timothy J. LackRedpoint Law LLP, Vancouver
Stefani LefebvreRush Ihas Hardwick LLP, Kelowna
Andrew P. Morrison
Shields Harney, Vancouver
Lisa Niro
Bell Alliance LLP, Vancouver
Ben L. ScheideggerHamilton & Company, New Westminster
Zheting Su
Thorsteinssons LLP, Vancouver
Ron UsherCommissioned Notary Public, R.I., General Counsel and Practice Advisor, The Society of Notaries Public of BC, Vancouver
Edward L. WilsonLawson Lundell LLP, Vancouver