Ownership of land is associated with many expenses: property taxes, utility charges, mortgage pages, and insurance premiums to name a few. It can also yield economic returns such as rental income and profits from growing crops. When land is held in co-ownership (joint tenancy or tenancy in common), expenses may not always be borne and economic benefits may not be received in proportion to the co-owners’ interests, or in another manner that is equitable in the particular circumstances. The body of law that governs rights with respect to accounting and contribution between co-owners is surprisingly unclear and archaic. It is also deficient in a number of ways.
This consultation paper reviews and proposes reforms to address these deficiencies. To download the consultation paper in Adobe Acrobat (PDF) format, click here.
How to Respond
Responses can be sent to us in one of three ways
British Columbia Law Institute
1822 East Mall
University of British Columbia
Vancouver, BC V6T 1Z1
Attention: Gregory G. Blue, Q.C.
by fax: (604) 822-0144
by e-mail: [email protected]
Please forward your response before 1 September 2011.
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