BC government plans to legislate a “cooling off” period for residential home sales next year
November 8th, 2021
The provincial government revealed plans today to introduce legislation in the spring of 2022 requiring a cooling off period for resale and newly built homes.
This change would be similar to the cooling off period in place for pre-construction condominium sales.
The BC Financial Services Authority (BCFSA) will consult the real estate profession and other
stakeholders to develop the parame ...