New LTSA Forms Available
The LTSA has issued the following updates:
Ministry of Finance Updated Property Transfer Tax Return (Version 29) Now Available
November 20, 2017
The Ministry of Finance has authorized a new version (Version 29) of the Property Transfer Tax (PTT) Return form (FIN 530). The return is effective November 27, 2017 and is now available for download on Dye & Durham website.
ONLY THE FOLLOWING VERSIONS OF ADOBE ACROBAT CAN BE USED TO COMPLETE VERSION 29 OF THE PROPERTY TRANSFER TAX RETURN:
Adobe Acrobat Pro/Standard DC 2015 Release (Classic)
Adobe Acrobat Pro/Standard DC Continuous Release
Adobe Acrobat Pro/Standard 2017
View the Ministry of Finance Tax Information Sheet for specific changes in Version 29 of the Property Transfer Tax Return form.
NOTE: When preparing the PTT Return (Version 29), please ensure it is not electronically singed prior to submission on November 27, 2017.
New Versions of Land Title Forms and Update to Director’s Requirements 03-11 Now Available
November 20, 2017
The Director of Land Titles (Director) has published new versions of three land title forms, in effect November 20, 2017. These forms are available through a myLTSA Enterprise account or from the Land Title and Survey Authority of British Columbia (LTSA) website.
These forms have been updated in support of changes with various Acts and a Land Title Office practice change.
Please note that Version 23 of Form C – General Instrument – Charge, along with Version 15 of the LTO Application to Deposit Plan form, have been retired effective November 20, 2017 due to technical issues. Older versions of the following forms are scheduled to be retired on May 7, 2018:
FORM C – GENERAL INSTRUMENT – CHARGE
FORM C – GENERAL INSTRUMENT – RELEASE
FORM 17 – CHARGE, NOTATION OR FILING
FORM 17 – CANCELLATION OF CHARGE, NOTATION OR FILING
LOCAL GOVERNMENT FILING FORM
Effective November 20, 2017, the Director has also updated section 5.2.4 in the Director’s Requirements for Electronic Land Title Forms and Supporting Documents (DR 03-11) and the Land Title Electronic Forms Guidebook (the “Green Book”). This update reflects a practice change whereby a Form F may no longer be appended to the electronic declaration form.
Where a Form F under the Strata Property Act is required to accompany an application, the yellow box “Form F Statement” must be selected on the electronic declaration. When this yellow box is selected, the electronic declaration is populated with a statement that confirms the subscriber has the Form F in their possession, together with the prescribed Form F wording. Consequently, the Form F is not required and must not be attached.
To Learn more about etray or in the event you have any questions or require assistance, kindly contact Dye & Durham’s Real Estate Support Services department at 604-257-1810