The Scrivener - Fall 2018 - Volume 27 Number 3

Page 30

Craig Johnston (L) Mike Thomson

T

LTSA: Trusted Resource to Help Notaries Serve BC’s Diverse Communities

hey say money makes the world go round and economic development puts this notion into practice, driving land-use decisions and where people choose to reside. Globally, urban centres are the economic growth engines that attract youth and working-age populations from near and far with their abundant opportunities and social investments. In 2014, 54 percent of the world’s population resided in urban areas.1 In BC, this urbanization trend is more extreme. • In 1951, 68% of BC residents were urbanites. • In 2016, that figure increased to 86%, with 60% residing in the Metro Vancouver and Fraser Valley regions, i.e., approximately 2% of the land area in BC.2 • In fact, BC was the most urbanized province in the country in 2016 and its rural population has been declining and aging.3 1 https://esa.un.org/unpd/wup/publications/ files/wup2014-highlights.pdf

2 https://georgiastrait.org/issues/urbanization/ 3 http://www.vancouversun.com/business/ barbara+yaffe+urbanization+trend+only+ intensify/11738824/story.html

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TABLE OF CONTENTS

Although BC’s urban areas generate a greater volume of property transactions, the vast majority of land in our province is rural. Those lands are often Crown lands that have not been surveyed. Much of rural BC that has been alienated from the Crown to private interests lies within the Agricultural Land Reserve (ALR). Dealing with development proposals on or even transfers of land within the ALR adds different requirements to those property transactions.

Although BC’s urban areas generate a greater volume of property transactions, the vast majority of land in our province is rural. The many smaller towns, municipalities, and regional districts in rural areas tend to conduct business in different ways and use different sets of information than urban areas, which may present additional differences that must be understood. Interests stemming from industrial or commercial activities centred on natural resources may also bring different considerations into play when completing rural area transactions. While the same requirements apply and the same forms are used to complete property transactions within the land title system in BC, the details The Society of Notaries Public of British Columbia

in each filing can differ significantly depending on where the property is located. BC Notaries can rely on the Land Title and Survey Authority of British Columbia (LTSA) to provide a consistent experience no matter where your practice leads you.

Starting from the Ground Up When it comes to land title matters, everything starts from the ground up with land surveys. Land survey plans document the legal boundaries of properties and certain interests in land. In urban centres, parcels are generally smaller and often the subject of a re-survey, where the accuracy of parcel measurements tends to be diligently scrutinized. In rural areas, the size of each parcel is often larger; it is more common for parcels to include an ambulatory natural boundary. Certainly BC’s major urban centres have connections to bodies of water, but those tend to be industrial or civic properties rather than residential or family holdings. Of course there are exceptions, for example, many waterfront homes in West Vancouver where the natural boundary can be very difficult to determine, given the intense historic man-made manipulation of the shoreline. Land-use differences also manifest themselves through the various statutes and regulations that inform property transactions. In urban Volume 27  Number 3  Fall 2018


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Letters

1min
page 76

Seniors Services Society of BC “The Little Agency that Could

5min
pages 74-75

Do Process: How the Most Popular Conveyancing Program in BC was Built

2min
page 73

The Burrard Inlet Floating Post Office

4min
pages 70-71

REIBC Announcements and Events

1min
page 72

Strata Property Disputes and Claims

2min
page 69

Inclusive Investing Respecting the Rights of Vulnerable Investors through Supported Decision-Making

7min
pages 60-61

WorkPeace: Prepare in Advance to Finish Well

2min
page 62

Women’s Wrap-Around Family Law Clinic

2min
page 59

The Ride to Conquer Cancer Why Do We Ride?

1min
page 57

BBQ, Directors, 25-Year Club, and a Wedding

1min
page 56

BC Notaries Speak Your Language

2min
page 55

PROFILE OF A BC NOTARY

2min
page 54

BC Notaries Fall Conference 2018

2min
pages 49-53

I Can Breathe in a Small Town

3min
page 48

Kim Guthrie: Notary in Central BC

2min
pages 46-47

Small Town vs. Big City: Familiarity vs. Anonymity?

2min
page 45

Do You Need Title Insurance for a Strata?

2min
page 44

Home SWEET Home Kitimat

6min
pages 42-43

Doing the Deal: BC Mortgage Brokers Discuss the Unique Challenges of Funding Urban and Rural Properties

10min
pages 36-39

Title Insurance Safeguards in British Columbia

3min
pages 34-35

Lake Cowichan: From Village to Town

4min
pages 40-41

Exploring the Value of Title Insurance for Rural Properties

4min
pages 28-29

Considering a Manufactured Home?

5min
pages 26-27

LTSA: Trusted Resource to Help Notaries Serve BC’s Diverse Communities

9min
pages 30-33

The Factory-Built Housing Industry for Town and Country

7min
pages 23-25

Best of Both Worlds

4min
pages 20-21

PRESIDENT, BC NOTARIES ASSOCIATION

2min
page 8

Langley Notary Practice From Country to Town in 45 Years without Moving

5min
pages 14-15

Community at Its Finest

4min
pages 16-17

EXECUTIVE DIRECTOR, THE SOCIETY OF NOTARIES PUBLIC OF BC

2min
page 7

BC Notary in Victoria. Oh, That’s Just Capital

5min
pages 18-19

Welcome to the BC Notaries Association

6min
pages 10-11

PRESIDENT, THE SOCIETY OF NOTARIES PUBLIC OF BC

3min
page 6
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