Personal Real Estate Corporation

November 2022

Home Buyer Rescission Period

Posted on Nov 15, 2022



What is the Home Buyer Rescission Period in BC?
In July 2022 the BC Government released legislation stating that as of January 1st, 2023 buyers will now be able to rescind a Contract of Purchase and Sale within three days of the acceptance date (this is over and above collapsing a contract due to a subject condition issue - think financing or failin...

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