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EZtoFind.ca provides general educational information about BC real estate — not legal, tax, financial, or real estate advice. For your own situation, speak with the appropriate licensed professional: a BC lawyer or notary, an accountant or tax professional, a licensed mortgage broker, or a licensed REALTOR®.
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Frequently Asked · Timeline

How long does a real estate deal take in BC?

The typical 30–60 day timeline broken down

A standard BC residential deal from accepted offer to key handover takes 30–60 days. Here's what happens in each window.

Days 1–3: Contract of Purchase and Sale accepted

Both parties sign. Deposit is due (typically 5% within 24–48 hours to the listing brokerage's trust account).

Days 3–7: Subject removal — inspection

Buyer books home inspection ($500–$800). Inspector produces a report. Buyer + REALTOR® review, decide whether to proceed, renegotiate, or walk.

Days 7–14: Subject removal — financing + strata review

Lender processes mortgage approval. Buyer reviews strata documents (2 years of minutes, financials, depreciation report, Form B, bylaws). Subjects are removed by written notice on the deadline.

Days 14–45: Closing preparation

Buyer's lawyer/notary orders title search, prepares closing documents, coordinates mortgage funds. Seller's lawyer prepares transfer + payout.

Closing day (typically Fri-of-month)

Mortgage funds are drawn, PTT is paid, title transfers at LTSA. Adjustments (property tax, strata fee) are settled.

Possession day (typically 1 business day after closing)

Keys handed over (per contract — usually noon of possession day). Buyer moves in.

Ready to talk numbers?

Educational information only — not legal, tax, financial, or real-estate advice. Doug LeMaire, REALTOR® · BCFSA #167790 · Fraser Property Management Realty Services Ltd. Not intended to solicit or induce an agreement already in place.
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