I am on title to my son’s property only because he needed my help for financing. Do we need to file something with the Land Ownership Transparency Registry by the end of this month?
Yes! If your son is the only beneficial owner of the property, then you are holding your interest in trust for him and you are required by law to file a Transparency Report in the Transparency Registry by November 30, 2022, or be subject to fines. If anyone owns land in BC that is not…