Vacant Possession #495

A zoomed in picture of a businessman where one hand is following the details of a document, and the other is holding a pen

Vacant possession means no one else is exercising possession rights in the property. Section 5 in the standard form Contract of Purchase and Sale (CPS) promises a buyer vacant possession, unless a REALTOR® otherwise records the presence of a tenant. Every year, the Real Estate Council of British Columbia (the Council) disciplines REALTORS® for failing