The BC Real Estate Association has begun prepping Real Estate Licensees, like myself, for the new Home Buyer Rescission period. If you recall, several months ago, the Government made announcements for plans to introduce a cooling off period, in which perspective home buyers will have the opportunity to back out of a deal within 3 business days of acceptance of the contract for a small fee. Our industry is now just beginning to learn what this process will entail in preparation for its effective date of January 3rd 2023. Stay tuned for more updates!
