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  • Posts by Nicholas R. Shon
    Associate

    Nicholas works in the Real Estate Group at Lawson Lundell and assists clients with all aspects of real estate development, commercial leasing and municipal planning.

    Nicholas graduated from the UBC Faculty of Law in 2014 and joined ...

On February 20, 2018, the Hon. Carole James, Minister of Finance and Deputy Premier, introduced the 2018 British Columbia Provincial Budget. Included in the Budget was the NDP’s 30-point plan for housing affordability in British Columbia.

Included in this 30-point plan are the following measures:

1. New Speculation Tax.  In Fall of 2018, the Province will introduce a new ...

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On October 26, 2017, Bill 16, the Tenancy Statutes Amendment Act, 2017 (“Bill-16”), passed first reading, which will be of particular interest to residential landlords and developers. Among other things, Bill-16 enacts amendments to the Residential Tenancy Act (British Columbia) (the “Act”) that reduce or prevent landlords from including “vacate ...

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Posted in Tax

On March 15, 2017, the BC Government issued Order In Council 152/17 (the “OIC”), which creates a retroactive exemption from the 15 percent Foreign Entity Tax (the "Tax") for foreign nationals applying for permanent residency under BC’s Provincial Nominee Program, and provides refunds for certain purchasers who have previously paid or are required to pay the Tax ...

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Posted in Property Law

On February 16, 2017, Bill M-205 (Property Law and Land Title Amendment Act, 2017) passed first reading which, amongst other things, proposes to make amendments to the Property Law Act (British Columbia). Notably, Bill M-205 would restrict ownership of land within the Agricultural Land Reserve (the “ALR”) by foreign nationals or foreign corporations to a maximum of ...

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Posted in Tax

The BC 2016/17 Budget, released on February 16, 2016, implemented changes to the Property Transfer Tax Act and to the Land Title Act in the form of increased tax rates, citizenship disclosure requirements and a new PTT exemption.  The Budget did not change the current PTT treatment of unregistered beneficial conveyances, but it did create a new disclosure requirement ...

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A recent decision of the BC Supreme Court demonstrates the difficulty of obtaining an order under Section 35 of the Property Law Act. The case will be of particular interest to developers who intend to rely on the Section as part of their development plans. Section 35 grants the Court authority to cancel or modify certain types of charges including easements, statutory rights ...

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Our Real Estate Law Blog provides brief commentary on current legal trends and developments affecting your business. The topics addressed in Lawson Lundell’s Real Estate Law Blog are of interest to commercial real estate developers, real estate and strata agents, investors, landlords and tenants, as well as a variety of industry groups. 

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