Land Owner Transparency Registry
Irina Bartnik Notary Public • May 18, 2021
As of November 30th 2020, anytime an individual has indirect ownership of land through corporations, partnerships or trusts, the legal owner of the property must file a “transparency report” in the Land Owner Transparency Registry identifying the the true beneficial owner.
The purpose of the Registry is to increase housing affordability by addressing hidden ownership and tax fraud.
Does this apply to you?
You will need to file a transparency report if:
- you are on the title of another person’s property to help them qualify for a mortgage, but did not contribute financially.
- you are on the title of another person’s property for estate planning reasons (i.e. to avoid probate)
- you own a property that is held by a corporation
- you are the trustee of a trust that owns property
- you are a partner in a partnership that owns property
This registration applies not only to the new owners of the property that are purchasing currently, but also to anybody that registered this kind of ownership in the past.
Existing property owners will have until November 30th, 2021 to file an initial/retroactive transparency report.
If you fall into any of the above categories, it is your responsibility to ensure that the report has been filed by this date.
If you are concerned that you may need to file a transparency report or if you have any questions, please call my office at
604-575-7494 or email me at [email protected]
Sincerely,
Irina Bartnik
Notary Public
604.575.7494
As the urban sprawl of Vancouver, B.C., and nearby Langley pushes land prices higher, Aldor Acres Family Farm’s decision to keep the farm in the family for another generation makes it an anomaly. However, the next generation to run the popular agri-tourist destination inherits the challenge of preserving the farm’s values while their way of life declines around them. “When I grew up in this area, 2 per cent of my high school class was non-agricultural,” says Albert Anderson, 82, who bought the Glen Valley farmland alongside his wife, Dorothy, 81, in 1977. “Now it’s the other way around; maybe 2 per cent of the people in this area are connected with agriculture.” Over the years, the Andersons have turned those 80 acres of land near Fort Langley into a destination with a pumpkin patch, seasonal market, wagon rides, and farm animals, emphasizing an educational experience for visitors. During the October high season, Aldor Acres can have 4,000 visitors in a day. The Andersons are in the process of transferring the farm business to their granddaughter, Melissa Anderson, 37. Across Canada, family farms are facing a similar transition. Data from RBC found that by 2033, 40 per cent of farm operators will retire, one of the biggest labour and leadership transitions in Canada’s history. The next generation to take over the farm will face the allure of rising land values. For many multi-generational farms, the strategy is to wait for the city’s expansion, says Elaine Froese, a Manitoba-based family farm transition expert. “I’ve worked all over Canada, (some family farms) are sitting on $20-million worth of land, and they’re very clear that they’re keeping the hog line going until that little village or town encroaches on them and then they’re selling out to developers,” she says. “That’s the reality.” Read More
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With over 30 years of experience navigating market highs and lows, Andy provides clarity on today’s buyer-friendly conditions and what sellers need to do to stand out. Here's what you'll find inside this video: Price Movement & Market Shifts: A detailed look at the Fraser Valley composite benchmark price, including year-over-year and month-over-month changes. Property Type Breakdown: Detached homes, townhomes, and apartments — from peak pricing to current values. Sales-to-Active Listings Ratio: Learn what this key indicator tells us about the current market — and how it affects your position as a buyer or seller. July Market Snapshot: Stats on sales volume, inventory levels, and days on market — all showing a slower pace, but more breathing room for smart decisions. Buyer Advantages: More choice, more time, and more negotiating power in this shifting market. Seller Strategies: Learn how pricing, presentation, and planning can still put you in a strong position. This comprehensive insight will empower you to make your best move in the Fraser Valley market! Dive deeper into the full July 2025 Fraser Valley Market Breakdown: https://rly.forsale/July-2025-Numbers Book a time to chat: https://rly.forsale/Chat-with-Andy
