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Property Disclosure Statement (British Columbia-specific)

Understand how the Property Disclosure Statement works in British Columbia, what sellers must reveal, and why it’s important for buyers.

Property Disclosure Statement (British Columbia-specific)

May 22, 2025


What is a Property Disclosure Statement (PDS)?

A Property Disclosure Statement (PDS) in British Columbia is a legal document completed by the seller to disclose known issues or defects with the property being sold.

Why Do Property Disclosure Statements Matter in Real Estate

The PDS is a crucial part of many real estate transactions in B.C., offering transparency to buyers and legal protection to sellers. While not always mandatory, it is commonly included in offers to purchase.



The form asks sellers to disclose issues related to:
  • Structural problems
  • Past water damage or flooding
  • Roof or plumbing defects
  • Unauthorized renovations
  • Environmental concerns (e.g., oil tanks, asbestos)


If a seller knowingly omits a defect, they may be liable for damages—even after the sale. For buyers, the PDS serves as an early warning system and can inform decisions on whether to proceed or request further inspections.


Understanding the PDS helps buyers make informed offers and protects sellers by providing a record of what was disclosed at the time of sale.

Example of a Property Disclosure Statement in Action

A seller in Kelowna fills out a Property Disclosure Statement and reveals a prior plumbing leak in the basement that was repaired in 2022.

Key Takeaways

  • Used primarily in B.C. real estate.
  • Outlines known property defects.
  • Protects both buyer and seller.
  • Can be legally binding if included in offer.
  • Encourages full transparency in transactions.

Related Terms

Additional Terms

Public Realm Improvements

Public realm improvements are enhancements to public spaces such as sidewalks, parks, plazas, and streetscapes, often funded or contributed by. more

Mortgagee in Possession

A mortgagee in possession is a lender who takes control of a property after borrower default, but before foreclosure or power of sale. The lender. more

Lease Surrender Agreement

A lease surrender agreement is a negotiated contract between a landlord and tenant that ends a lease before its scheduled expiration. Terms may. more

Green Infrastructure

Green infrastructure refers to natural or engineered systems that manage stormwater, reduce heat, and improve sustainability in developments.. more

Escrow Holdback

An escrow holdback is a portion of funds withheld at closing and held in escrow until specific conditions are met, such as completion of repairs,. more

Underused Housing Tax

The Underused Housing Tax (UHT) is a federal annual 1% tax on the value of vacant or underused residential property owned by non-resident,. more

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