Property Disclosure Statement
Also known as: PDS · BCREA Property Disclosure Statement · PDS form
A BCREA standard form completed by the seller disclosing known facts about the property to the buyer's knowledge. Not statutorily required in BC, but standard MLS practice.
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 PDS does NOT exempt the seller from Material Latent Defect disclosure under Real Estate Services Rules section 5-13 — a defect that renders the property dangerous, uninhabitable, unfit for purpose, or non-compliant with bylaws/permits MUST be disclosed regardless. Most listing agents recommend providing a PDS 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 property defect that renders the property dangerous, uninhabitable, unfit for purpose, or non-compliant with bylaws/permits AND would not be apparent on reasonable inspection — disclosure is statutorily required and cannot be waived.
- 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's drawing showing a property's legal boundaries plus the position of buildings, fences, decks, and other improvements relative to those boundaries — historically a standard buyer/lender requirement on detached homes, increasingly displaced in BC by lender title insurance.
- Title Insurance — A one-time-premium indemnity policy purchased at closing that protects the owner (and/or lender) against financial loss from title defects, fraud, encroachments, survey errors, and unresolved work orders that pre-date the policy.
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 = {2026},
url = {https://www.bronsonjob.com/codex#bc.pds},
urldate = {2026-05-08},
note = {Fact ID: bc.pds, version 1.}
}Job, B. (2026). BC Property Disclosure Statement. *BC Real Estate Codex*. Retrieved 2026-05-08, from https://www.bronsonjob.com/codex#bc.pds
BC Property Disclosure Statement — Bronson Job PREC, BC Real Estate Codex (2026-05-08). https://www.bronsonjob.com/codex#bc.pds
Fact id: bc.pds · v1 · machine-readable: /api/v1/facts/by-id/bc.pds.json
Verified sources (1)· re-verified 2026-05-08Click 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 2026-05-08Standard Forms — Property Disclosure Statementhttps://bcrea.bc.ca/standard-forms/
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.
