Amendments to the Land Titles Act, 2015 passed the Legislative Assembly

On October 21, 2024, the Yukon Legislative Assembly unanimously passed Bill No. 42, the 2024 Act to Amend the Land Titles Act, 2015. The amendments passed in this legislation will help ensure that purpose-built affordable housing developments remain affordable over the long term through the use of statutory covenants.

A statutory covenant is an agreement attached to a land title that outlines obligations or restrictions that must be followed by the landowner. The covenants are “statutory” because they are set out in and can be enforced by law.

These amendments were proclaimed in force immediately upon assent of Bill No. 42 by the Commissioner of the Yukon, which she did October 21.

The 2024 Act to Amend the Land Titles Act, 2015 will now:

  • allow statutory covenants to be used to support affordable housing by setting specific rules on how the property can be used, sold or rented to make sure it stays affordable long-term;
  • ensure that once the covenant is registered, the rules become tied to the land title, so anyone who buys the land in the future must follow those rules, not just the person or company who made the original agreement; and
  • enable a process to cancel or remove the covenant, if necessary.

Passing this legislation supports the Government of Yukon’s mandate letter commitments to support the Northern Community Land Trust Society to advance its project in Whitehorse and to support new approaches to addressing the ongoing need for affordable housing options in the territory. Passing this legislation also advances commitments made in the Yukon’s MMIWG2S+ Strategy and the Downtown Whitehorse Safety Response Action Plan.

Media contact

Laura Seeley
Cabinet Communications
867-332-7627
laura.seeley@yukon.ca


Francis Lefebvre
Communications, Justice
867-667-8144
jus.comms@yukon.ca

News release #:
24-472
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