Real Estate Fundamentals 2026

Course Chairs
Sergio Custodio — Bennett Jones LLP, Vancouver
Navnit Duhra — Miller Titerle + Company, Vancouver 

About the Course Chairs
Sergio Custodio advises clients on a broad range of business matters, with a focus on real estate, commercial transactions, financings, infrastructure and acquisitions, and dispositions of businesses and assets. He is sought out for his ability to consistently close even the most complicated and fast-paced transactions.

Sergio provides general counsel and transactional advice to a wide variety of clients participating in diverse and often specialized and complex industry sectors including: transportation, hospitality, healthcare, education, and technology.

Executives and entrepreneurs count on Sergio to understand what it takes to keep them at the top of their game. They also rely on him to provide the strategic guidance that only experience working in a business can bring. This allows him to effectively advise on business matters, including those intersecting private business and governments.

Navnit Duhra's practice focuses on secured lending and commercial real estate. She has acted for both borrowers and lenders on a wide variety of debt financing transactions, and for clients on the acquisition, disposition, financing and leasing of commercial properties.

Faculty
Wil Chan — Dentons Canada LLP, Vancouver
Aneez Devji — Richards Buell Sutton LLP, Vancouver
Dharam Dhillon — Wilson Rasmussen LLP, Surrey
Lisa A. Frey — Lawson Lundell LLP, Vancouver
Hardeep Gill — Fasken Martineau DuMoulin LLP, Vancouver
Timothy J. Lack — Redpoint Law LLP, Vancouver
Sasha Platz — Miller Titerle + Co., Vancouver
Zheting Su — Thorsteinssons LLP, Vancouver
Shoshanah Webber — Bennett Jones LLP, Vancouver

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BC Real Estate Practice Manual

A lawyer’s day-to-day guide to conveyancing

This publication is essential for: Lawyers looking for guidance on practice and procedure issues arising from conveyancing in BC

Current to: April 1, 2026

Although an efficient conveyancing practice may involve delegation to support staff, lawyers are ultimately responsible for ensuring a conveyance is properly managed and advice is sound. In addition to complete coverage of the necessary stages of a conveyance, British Columbia Real Estate Practice Manual guides you through practice issues you are most likely to confront that require your expertise, including discussion of real estate licensee regulation, tax considerations for both buyers and sellers, undertakings, and collapsing deals. Mainly focused on residential property, this resource also provides a summary of considerations in commercial conveyances.

With this resource, you will be able to:

• quickly spot and avoid common conveyancing practice errors and mistakes
  
• refer to statutes and cases to start your investigation of any substantive law issues that arise
  
• access over 125 conveyancing forms and precedents to save you time

Buy today and be confident in your conveyances! View a sample from this book!

Highlights of the 2026 Update include:

• Aboriginal title: derivation, nature, and scope, constitutional protection, reconciliation requirement, duty to consult and accommodate, effect of fee simple interests, limits of title insurance, unconstitutional Crown grants in Cowichan Tribes v. Canada (2025) (BCSC)
• BCCA clarification of scope of Shimco (holdback) lien
• disclosure statements: BCCA on knowledge of seller with prior realtor experience; BCREA's new "Property No-Disclosure Statement"
• BCREA's new "Realtors Disclosure of Material Latent Defects" form
• provincial sales tax applicability to real estate-related professional services
• BCCA on clarity requirement of CPS contractual terms
• temporary GST rebate for eligible "first-time home buyers" on newly constructed or substantially renovated homes acquired for use as primary residence
• reporting requirements for deposits held in lawyers' trust accounts; legislative amendments deeming a "bare trust" an express trust for purposes of enhanced reporting requirements
• BCFSA's new IRIS secure online portal for REDMA filings and Strata Property Act schedules
• effective dates for return filing requirements with repeal of federal Underused Housing Tax Act and related regulations
• enhanced property transfer tax exemption for transfers of new purpose-built rental housing
• owner developer requirement to fund first depreciation report for new strata corporations with five or more strata lots

• purpose
• specific types of adjustments
• tax
• rent
• commissions
• holdbacks

• parties and property
• representations
• conditions
• amendments
• assignments

• who is the seller?
• who is the buyer?
• what is being bought/sold?
• leases
• service contracts and equipment leases
• project documents
• labour and employment
• purchase price
• environmental

• Income Tax
• transactional considerations
• principal residence
• non-resident vendors and withholding
• residential anti-flipping rule
• Goods and Services Tax
• when applicable 
• special considerations

• realty specific taxes—overview and common issues
  • Property Transfer Tax
  • Foreign Buyers Tax
  • Empty Homes Tax
  • Speculation and Vacancy Tax
  • Underused Housing Tax
  • related considerations
• key practice points

• title review
• types of searches: what to search and why
• material contract and document review
• additional considerations for specific transactions
• title insurance

• payment of funds
• registration order
• coordination with lenders
• electronic registration

• ethical considerations
• nature of undertaking
• general guidelines

• key components of a mortgage
• lender requirements
• due diligence affecting mortgages
• priority issues
• mechanics of funding and registration

• know your client obligations
• handling funds
• Land Owner Transparency Act

• elections on breach of contract
• tender
• specific performance
• restrictions on dealing with land pending litigation
• damages
• claiming the deposit