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Articles by Dharam Dhillon
Court Dismisses Interim Relief Sought By Homeowners Currently Challenging The Speculation And Vacancy Tax Act
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Court Dismisses Interim Relief Sought by Homeowners Currently Challenging the Speculation and Vacancy Tax Act | Lexology
Background In November 2018, British Columbia’s provincial government introduced the Speculation and Vacancy Tax Act[1] (the “Act”). The goal of the Act is to address housing affordability by discouraging property owners from leaving residential properties vacant in British Columbia’s major urban centers. The Act does so through the use of an annual tax (the “Tax”) levied against property owners based on occupancy status in designated regions of the province.
POLICY STATEMENT 17 - Extension Of The Early Marketing Period - Media, Telecoms, IT, Entertainment - Canada
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The CSAIR: Everything You Need To Know About BC's New Pre-Sale Assignment Registry - Real Estate and Construction - Canada
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Upcoming Changes to Land Ownership Disclosure Requirements in British Columbia | Lexology
To view this article you need a PDF viewer such as Adobe Reader. If you can't read this PDF, you can view its text here. Go back to the PDF . In June 2018, the British Columbia provincial government (the “Government”) published a white paper describing its proposed Land Ownership Transparency Act (the “Act”). The purpose of the Act is to end anonymous land ownership through the use of entities such as numbered companies, offshore and domestic trusts, and corporations.
Wind-Up Unwound: For the First Time, the BC Supreme Court Rejects an Application to Wind-Up a Strata Corporation under Bill 40
The Owners, Strata Plan VR 1966[1] marks the first time the BC Supreme Court has rejected an application to wind-up a strata corporation pursuant to Bill 40 under the Strata Property Act[2] (the “Act”). Prior to Bill 40, a winding-up resolution could only be passed by a unanimous vote.
Developer's Right to Deposit Trumps Condo Buyer in Trump Tower Residential Strata Dispute
On July 25, 2017, the BC Supreme Court (the “Court”) released a decision addressing the extent of a developer’s disclosure obligations to prospective purchasers under the Real Estate Development Marketing Act[1] (“REDMA”). One of the key issues in Chen v West Georgia Development Limited Partnership[2] was whether a developer is required to ensure that prospective purchasers not only have an opportunity to review a disclosure statement, but also understand it.
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