On July 25, 2017, the BC Supreme Court (the “Court”) released a decision addressing the extent of a developer’s disclosure obligations to prospective purchasers under the Real Estate Development Marketing Act[1] (“REDMA”). One of the key issues in Chen v West Georgia Development Limited Partnership[2] was whether a developer is required to ensure that prospective purchasers not only have an opportunity to review a disclosure statement, but also understand it. Read the article…………….
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