Residential Real Estate Conference 2020


Course Date: December 3, 2020

Full Course Materials
Total: 6h 43min
Total Ethics: 1h 5min

Welcome and Land Acknowledgement (9:00 – 9:10)


Practice Management in the Time of COVID-19 (9:10 – 9:50)

  • COVID-19 and remote signing/social distancing
    • what is still needed in person
  • video-witnessing and video-conferencing
  • section 49 closings
  • lawyers' duties and obligations around independent legal advice
  • ID and fraud
  • case studies
  • transactions in the time of COVID-19
  • verification of funds
  • verification of client instructions
  • standard form undertakings
  • complacency with undertakings

Timothy J. Lack — BridgehouseLaw LLP, Vancouver
Lisa Niro — Bell Alliance LLP, Vancouver

Case Law Update (9:50 – 10:10)

  • summary of the Rule in Austerberry and the recent series of Crystal Square decisions regarding positive covenants

Andrew P. Morrison — Shields Harney, Vancouver

BREAK (10:10 – 10:25)

Lending (10:25 – 11:25)

  • case law update
  • GST priority over lenders
  • best practices

Timothy J. Lack — BridgehouseLaw LLP, Vancouver
Preston Walia — Imperium Law Group, Surrey

BREAK (11:25 – 11:40)

Collapsing Deals: Don't Let Them Fall Like Dominoes (11:40 – 12:40)

  • refresher on collapsing deals
  • remedies available to the innocent party in a collapsing deal
  • accepting the repudiation
  • waiver of default through content

Andrew P. Morrison — Shields Harney, Vancouver
Lisa Niro — Bell Alliance LLP, Vancouver

LUNCH (12:40 – 1:10)

Yay, it's a Tax Update! Top 7-ish Things to Know About GST, EHT, SVT, and FBT (1:10 – 2:10)

  • the shocking GST problem with shifting short-term rental units to the long-term market
  • the less shocking GST problem with being nice to struggling commercial tenants
  • who said what now?! GST exemption certificates and audits of non-resident sellers
  • how foreign money can be used to buy homes in BC without triggering the FBT… and it's all kosher!
  • why (for EHT reasons) you should try to convince only your worst enemy to buy a bare lot or an old, unliveable home in Vancouver
  • are SVT late-filers up a nasty creek without a paddle?
  • there's a lotta about the LOTA and other transparency measures that will impact an owner's taxes

Noah M. Sarna — Thorsteinssons LLP, Vancouver
Zheting Su — Thorsteinssons LLP, Vancouver

BREAK (2:10 – 2:25)

Insurance Issues for the Real Estate Practitioner (2:25 – 2:55)

  • review of relevant recent case law
  • additional insureds
  • loss payees
  • co-insurance
  • relevant policies and policy provisions to watch out for
  • risk management issues

Mark M. Skorah, QC — Guild Yule LLP, Vancouver

Recent Changes to Legislation (2:55 – 3:25)

  • state of emergency
  • insurance
  • depreciation reports

Jennifer L. Neville — Hamilton & Company, New Westminster

BREAK (3:25 – 3:40)

Land Title and Survey Authority of British Columbia; Land Owner Transparency Registry (3:40 – 4:40)

  • recent and upcoming land title policy changes

Carlos R. MacDonald — Director of Land Titles, Land Title and Survey Authority of BC, Victoriaan update on the recent launch of the Land Owner Transparency Registry

  • an update on the recent launch of the Land Owner Transparency Registry

Reuben Danakody — Director and Administrator, Land Owner Transparency Registry Services, Land Title and Survey Authority of BC, Vancouver

  • update myLTSA and Web Filing

Steve Carter — Manager, Customer Support, Land Title and Survey Authority of BC, New Westminster

Closing Comments (4:40 – 4:45)

Timothy J. Lack — BridgehouseLaw LLP, Vancouver
Lisa Niro — Bell Alliance LLP, Vancouver