BC gov't eliminates $5.25 fee on select land title searches to enhance transparency and combat money laundering.

B.C. government eliminates $5.25 fee on some land title searches to improve transparency, combat money laundering. The decision was praised by anti-money laundering advocates, who note that more efforts are needed to improve transparency in the housing market. The Minister of Finance announced the elimination of the search fee for the Registry of properties that have a beneficial owner with an indirect interest in land through corporations, trusts, and partnerships.

February 16, 2024
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