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Effective May 1, 2021, following the expiry of Policy Statement 17 (PS 17) on April 30, 2021, the Office of the Superintendent of Real Estate (BC) (OSRE) will bring into effect amendments to Policy Statement 5 (PS 5) and Policy Statement 6 (PS 6) to extend permanently the early marketing timeframes that were temporarily changed under PS 17 in order to provide some relief to developers in the midst of the COVID-19 pandemic.
Policy Statements 5 and 6 Nine Months of Early Marketing
Under Part 2 of the
Real Estate Development Marketing Act (BC) (REDMA), a developer of a development property is required to make certain disclosure to purchasers of development units and is restricted from the early marketing of those development units except in accordance with specific requirements that are established by the OSRE. PS 5 and PS 6 allow developers to engage in early marketing before obtaining a building permit (PS 5) and a sati
Erste Einblicke in das Konzept, das Steinens Verkehrsprobleme lösen soll - Steinen
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Bauernverband kritisiert Fehlentwicklung im Baurecht
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