Deposits in BC real estate are a routine part of buying and selling property, but what happens to the deposit can become surprisingly complicated when a deal doesn’t go as planned.
This resource library answers practical questions about real estate deposits in British Columbia — including how deposits work, who holds them, when they can be released, and what can happen to the money when a transaction falls apart.
Questions about BC Real estate deposits
We’re building this resource to answer common questions about deposits in BC real estate transactions. Start with the basics below, and we’ll continue adding resources about what happens to deposits throughout a transaction — and when a deal falls apart.
About this resource
This resource is written and maintained by Linda Caisley, BC Notary, and Tim Janzen, BC Notary, of The Notary Group. It draws on our experience handling BC real estate transactions and is intended to help REALTORS®, buyers and sellers understand how deposits work in practice.
About Linda Caisley | About Tim Janzen | About The Notary Group