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Comment: B.C.’s new strata property law aims at wrong target
A commentary by the proprietor of a condo in Victoria. There are essential figures to insert to the unfavorable truth struggling with pre-2010 stratas currently being pressured to convert into rental buildings. Very first, justifying the wholesale conversion of strata properties into rental buildings on the foundation that there are about 1,500 offered condominium units (out of much more than 300,000) is a fake competition. People today who preferred to turn into landlords acquired houses they could hire. They did not acquire a rental in an proprietor-occupied developing. Persons who required to be householders at a rate they could afford, accepting the collective accountability of strata living, selected these units.…
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UK Commission Aims to Clarify Crypto Property Law
As worldwide authorities carry on to wrestle with how to control cryptocurrencies, the U.K. Legislation Fee on Thursday proposed improvements to make clear how property legislation use to electronic belongings in England and Wales. The 57-yr-aged commission claims electronic assets like crypto tokens and non-fungible tokens—unique blockchain tokens that signify ownership that are superior recognized as NFTs—play an significantly vital part in present day society. “Electronic property this kind of as NFTs and other crypto-tokens have advanced and proliferated at excellent speed, so it can be critical that our legal guidelines are adaptable plenty of to be in a position to accommodate them,” explained Professor Sarah Environmentally friendly, the Law…
