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Frequently Asked · Disclosure

What is a Property Disclosure Statement (PDS) in BC?

The seller's declaration every buyer should read carefully

The Property Disclosure Statement is the seller's written declaration about the property's known condition. Here's what it covers and its legal weight.

What the PDS covers

Structural + mechanical systems, water intrusion + moisture, drainage, insulation type, permits/renovations, presence of asbestos/UFFI, prior repairs, oil-tank history, boundary issues, restrictions/easements, environmental hazards.

Not a warranty, not an inspection replacement

The PDS is the seller's best-knowledge disclosure. It is NOT a warranty and it does NOT replace a professional home inspection.

'Do not know' answers

A seller may answer 'Do not know'. In law, 'Do not know' is a valid response — but a seller who knowingly conceals a material latent defect is exposed to civil liability regardless of the PDS.

The PDS is typically attached to the accepted contract

Most BC accepted contracts include the PDS as a schedule. If the seller declines to complete a PDS, the contract typically notes that fact — a red flag worth investigating.

Estate/probate sales frequently have no PDS

Executors selling on behalf of an estate typically do not have first-hand knowledge and often decline to complete the PDS. That's normal in probate — the buyer's inspection matters more.

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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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