What you need to know about Cooling off period
Posted on Apr 04, 2022 in Real Estate News
BC government to amend Property Law Act to add cooling off period
· The BC government is laying the groundwork to institute a cooling off period for homebuyers that will allow them to back out of a purchase after signing a contract.
· The cooling off period, called "Home Buyer Protection Period", will be in place by summer.
· BCFSA will soon release d...