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Caveat Forbidding Registration (PDF, 2.2 MB) A caveat is a warning (in land law) that someone is claiming an interest on a parcel of land. If you believe you are entitled to an interest in land, you may file your claim through a caveat. A caveat is only a notice of a claim of interest on land.

252 (1) If a certificate of pending litigation has been registered and no step has been taken in the proceeding for one year, any person who is the registered owner of or claims to be entitled to an estate or interest in land against which the certificate has been registered may apply for an order that the registration ...

S. 255 of the BC Land Title Act allows for the cancellation of a CPL by a written request from the owner of the lands which have been burdened by the CPL or a written request from the owner's solicitor.

Only BC lawyers and BC notaries public who are acting for one of the parties to the land title transaction may remotely witness affidavits for use in land title applications.

FIRPTA stands for Foreign Investment In Real Property Tax Act (26 USC §1445). It is a tax law designed to ensure payment of tax to the Internal Revenue Service (IRS), as may be due, when US property is sold by any ?foreign person?. ?Foreign person? under FIRPTA may include individuals and entities.

The buyer, not the seller, is responsible for acting as the withholding agent and making sure the IRS is paid the appropriate amount of tax.

FIRPTA is a tax law that imposes U.S. income tax on foreign persons selling U.S. real estate. Under FIRPTA, if you buy U.S. real estate from a foreign person, you may be required to withhold 10% of the amount realized from the sale. The amount realized is normally the purchase price.

Exemptions. One of the most common exemptions to FIRPTA withholding is that the transferee is not required to withhold tax in a situation in which the transferee purchases real estate for use as his/her home and the purchase price is not more than $300,000.

The disposition of a U.S. real property interest by a foreign person (the transferor) is subject to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) income tax withholding. FIRPTA authorized the United States to tax foreign persons on dispositions of U.S. real property interests.

According to the IRS, you can be exempt from FIRPTA withholding if you meet one or more of the following: Exception #1 - Buyer Will Reside.Exception #2 ? Publicly Traded Corp.Exception #3 ? Corp Certifies that Interest is not US Real Property.Exception #4 ? Seller Certifies They Are Not Foreign.