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 NiroBell 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. MorrisonShields 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 WaliaImperium 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. MorrisonShields Harney, Vancouver
Lisa NiroBell 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. SarnaThorsteinssons LLP, Vancouver
Zheting SuThorsteinssons 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, QCGuild Yule LLP, Vancouver

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

  • state of emergency
  • insurance
  • depreciation reports

Jennifer L. NevilleHamilton & 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. MacDonaldDirector 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 DanakodyDirector and Administrator, Land Owner Transparency Registry Services, Land Title and Survey Authority of BC, Vancouver

  • update myLTSA and Web Filing

Steve CarterManager, Customer Support, Land Title and Survey Authority of BC, New Westminster

Closing Comments (4:40 – 4:45)

Timothy J. Lack BridgehouseLaw LLP, Vancouver
Lisa NiroBell Alliance LLP, Vancouver