The BCREA has officially released their 2023 Standard Forms which now include the various terms and clauses pertaining to new BC home buyer protection measures, specifically the cooling off period or buyers right of rescission.

In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty runs through the new terms contained within the Residential Contract of Purchase and Sale coming January 2023 and how these changes will pertain to you as the buyer or the seller in your next BC residential real estate transaction.

#SurreyRealtor #SurreyRealEstate #BCRealEstateChanges

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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.