June 1994 - British Columbia Real Estate Association

No Commission on Building Contract Where Agent Failed to Disclose #220

Harveen Dhaliwal | June 12, 1994

By Gerry NeelyB.A., LL.B. Possession under the Contract of Purchase and Sale works well when possession is the day after completion, but not as well when both are on the same date. In the latter instance, unless the vendor’s lawyer has the sale proceeds or is satisfied that they are forthcoming, a demand by a …

Property Condition Disclosure Statement, the First (?) Court Decision #219

Harveen Dhaliwal | June 1, 1994

By Gerry NeelyB.A., LL.B. An owner of a house who was prepared to take a lower price because of its condition, rather than repair it, signed a Property Condition Disclosure Statement (PCDS) which was amended as follows: “L. Are you aware of any roof leakage or unrepaired damage?” “Yes” Section 4 of the PCDS set out by way of …

The British Columbia Real Estate Association acknowledges that our head office is located on the unceded traditional territories of the Coast Salish Nations of Sḵwx̱wú7mesh (Squamish), səl̓ilwətaɁɬ (Tsleil-Waututh), and xwməθkwəy̓əm (Musqueam). We also acknowledge the other 195 First Nations in British Columbia, as these are the lands we each call home.