Property Disclosure Statement
Also known as: PDS · BCREA Property Disclosure Statement · PDS form
A standard form on which the seller states what they know about the property, to the best of their own knowledge. No BC statute requires one, but it is standard practice on a residential listing.
The Property Disclosure Statement is a BCREA standard form completed by the seller (not the listing agent) that discloses known facts about the property — water damage, mold history, oil tank presence, structural repairs, neighbour disputes, pet history, unauthorized renovations, and so on. The standard is "to the best of the seller's knowledge"; caveat emptor still governs patent (visible) defects.
The PDS is NOT statutorily required in BC. A "Property No Disclosure Statement" form exists for sellers who decline. Either way, declining a Property Disclosure Statement does not make the problem go away: section 59 of the Real Estate Services Rules puts the disclosure duty on the listing licensee regardless — a defect that renders the property dangerous, uninhabitable, unfit for purpose, or non-compliant with bylaws/permits MUST be disclosed regardless. Providing a Property Disclosure Statement is the norm because it standardizes the buyer's diligence and documents what the seller did or did not know at the time of sale.
Related terms
- Material Latent Defect — A serious defect an ordinary inspection would not reveal.
- Designated Agency — BC's real estate agency model since June 15, 2018: the agency relationship is between the client and the individual licensee, not the brokerage; dual agency is prohibited except in narrow remote-market exceptions.
- Real Property Report (RPR) — A surveyor drawing that shows where the legal boundaries actually run and where the buildings, fences and decks sit against them.
- Title Insurance — A one-time-premium policy bought at closing that covers the owner, the lender, or both against loss from a title problem that pre-dates it.
See also
Use any of these formats. Codex content is licensed under CC BY 4.0 — attribution required.
@misc{bronsonjob-bc_pds,
author = {Job, Bronson},
title = {{BC Property Disclosure Statement}},
howpublished = {BC Real Estate Codex},
year = {1993},
url = {https://www.bronsonjob.com/codex#bc.pds},
urldate = {2026-09-05},
note = {Fact ID: bc.pds, version 1.}
}Job, B. (1993). BC Property Disclosure Statement. *BC Real Estate Codex*. Retrieved 2026-09-05, from https://www.bronsonjob.com/codex#bc.pds
BC Property Disclosure Statement — Bronson Job PREC, BC Real Estate Codex (2026-09-05). https://www.bronsonjob.com/codex#bc.pds
Fact id: bc.pds · v1 · machine-readable: /api/v1/facts/by-id/bc.pds.json
Verified sources (2)· re-verified 2026-09-05Click to expand
Every claim on this page is sourced to a primary government, regulator, or industry-association URL. We re-verify quarterly; the verification dates below show when each source was last confirmed against the live government page.
- BCREAretrieved 2026-09-05Standard Forms — Property Disclosure Statementhttps://bcrea.bc.ca/standard-forms/
- BC Lawsretrieved 2026-09-05Real Estate Services Rules (BC Reg 209/2021) s.59: Disclosure of material latent defectshttps://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/209_2021
bc.pds · v1View in Codex →License: This definition is licensed under CC BY 4.0. Cite as: "Property Disclosure Statement", BC Real Estate Glossary by Bronson Job, https://www.bronsonjob.com/glossary/property-disclosure-statement.
