Residential Real Estate Conference 2023
Course Date: December 7, 2023
Total: 6h 14min
Total Ethics: 1h 15min
Course Date: December 7, 2023
Course Introduction and Land Acknowledgement (9:00 – 9:10)
Teresa Sheward — Program Lawyer, CLEBC, Vancouver
Timothy J. Lack — Redpoint Law LLP, Vancouver
Lisa Niro — Bell 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. Neville — Hamilton & Company, New Westminster
Ben L. Scheidegger — Hamilton & 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 Su — Thorsteinssons LLP, Vancouver
Collapsing Deals (11:05 – 11:45)
Andrew P. Morrison — Shields Harney, Vancouver
Lisa Niro — Bell 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 Usher — Commissioned 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. Wilson — Lawson 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, KC — Practice 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. Lack — Redpoint Law LLP, Vancouver
Lisa Niro — Bell 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. Lack — Redpoint Law LLP, Vancouver
Stefani Lefebvre — Rush Ihas Hardwick LLP, Kelowna
Andrew P. Morrison — Shields Harney, Vancouver
Lisa Niro — Bell Alliance LLP, Vancouver
Ben L. Scheidegger — Hamilton & Company, New Westminster
Zheting Su — Thorsteinssons LLP, Vancouver
Ron Usher — Commissioned Notary Public, R.I., General Counsel and Practice Advisor, The Society of Notaries Public of BC, Vancouver
Edward L. Wilson — Lawson Lundell LLP, Vancouver
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