April 2022

What you need to know about Cooling off period

Posted on Apr 04, 2022 in Real Estate News

BC government to amend Property Law Act to add cooling off period

 ·      The BC government is laying the groundwork to institute a cooling off period for homebuyers that will allow them to back out of a purchase after signing a contract.

·      The cooling off period, called "Home Buyer Protection Period", will be in place by summer.

·      BCFSA will soon release d...

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