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. 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