Does a property disclosure statement have to be more detailed than it is required to be?
British Columbia, Canada
The following excerpt is from Hanslo v. Barry, 2011 BCSC 1624 (CanLII):
Further, at para. 25, Mr. Justice Melnick said: 25 In Zaenker v. Kirk (1999), 30 R.P.R. (3d) 9 (B.C.S.C.), Mr. Justice Lamperson also held at para. 19 that, Although the property condition disclosure statement forms part of the agreement for a purchase and sale, it is not necessarily a warranty. Its main purpose is to put purchasers on notice with respect to known problems. The disclosure statement would have to be far more detailed if it was meant to do more. It merely indicates that the statements therein are true according to the seller's current actual knowledge.
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