Posts from March 2021.
Posted in Real Estate

Under the Property Transfer Tax Act, RSBC 1996, c 378, (the “Act”), property transfer tax (“PTT”) would, generally speaking, be imposed on a lease with a term of 30 years or more, or a lease in conjunction with lease modification agreements that would result in a cumulative term of 30 years or more, would be subject to PTT under the Act. In the recent decision of M&N ...

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