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West Vancouver REALTOR® since 1988
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  • Properties
    • Properties
    • Recent Sales
  • For Buyers
    • Menu iconPractical Buying Tips
    • Menu iconBuyers Cost Guide
    • Menu iconDeposit Power-Saving Ideas
    • Menu iconMortgage Free Strategies
    • Menu iconMortgage & BC Home Buyer Tax Calculator
    • Menu iconConsumer Protection Information
  • For Sellers
    • Menu iconHome Maintenance Checkup
    • Menu iconMoving Checklist
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    • Menu iconConsumer Protection Information
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Rescission Fee

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New Year, New Rules Affecting BC’s Real Estate Market

BC Real EstateBy June ConwayJanuary 3, 2023Leave a comment

Two new regulations affecting BC’s real estate market went into effect with the start of the new year earlier this week.  Here’s the key information you need to know.   BC home buyer rescission period – HBRP   As of January 1, 2023, BC home buyers now have a 3 day period in which they…

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Home Buyer Rescission Period

Real Estate TipsBy June ConwayNovember 10, 2022Leave a comment

The Home Buyer Rescission Period (HBPP), previously known as “Homebuyer Protection Period” and “cooling-off period,” is expected to be implemented province-wide on January 3, 2023.     What is the Home Buyer Rescission Period (HBRP)?     The HBRP, commonly known as a “rescission period,” gives buyers the right to withdraw from a purchase agreement…

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Homebuyer Protection Period

Real Estate TipsBy June ConwayAugust 9, 2022Leave a comment

BC’s provincial government recently introduced a home buyer protection period, the details of which are outlined in a new regulation that allows home buyers to back out of a residential purchase up to three business days after signing a contract. The government will begin to enforce this regulation starting January 1, 2023. The province claims…

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