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When you search B.C.’s first-of-its-kind land transparency registry some beneficial ownership information will be blocked because the new law that underpins the registry requires a 90-day holding period before the info is publicly released.
The registry, one of the B.C. government’s actions to combat money laundering in real estate, opened to the public April 30.
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And because companies, trusts and limited partnerships weren’t required to begin filing transparency reports until the end of November, there is only 2 1/2 months of filings that are accessible, those from Nov. 30 to mid-February, 2021.