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What’s new in BC real estate? 🏠 More forms, more disclosures — and more protection for you as a buyer or seller. In this video, Sergej from neuHouzz Real Estate Group breaks down the new Property Non-Disclosure Statement and Realtor Disclosure of Material Latent Defects forms now required by the BC Financial Services Authority (BCFSA). If you’ve ever filled out (or refused to fill out) a Property Disclosure Statement (PDS), this update is for you. Sergej explains: ✅ What the PDS is — and why it matters ✅ When sellers can opt out of completing it ✅ What “Material Latent Defects (MLDs)” really mean ✅ The new responsibilities for REALTORS® and sellers ✅ How these forms protect both buyers and sellers from legal risk Whether you’re a homeowner, buyer, or landlord in the Okanagan or anywhere in British Columbia, understanding these forms helps you stay compliant — and avoid costly mistakes. 🧾 Key Takeaways: PDS = transparency tool for sellers and buyers BCFSA now requires extra forms when sellers skip the PDS REALTORS® must disclose known material defects after inspection Accuracy and honesty are your best protection At neuHouzz, we believe informed clients make smarter real estate decisions — because who markets (and protects) your home DOES matter. 📍 Serving Penticton, Kaleden, Summerland, and the entire Okanagan Valley. 📞 Reach out for expert real estate advice → https://neuhouzz.ca #BCRealEstate #neuHouzz #RealEstateAdvice #BCFSA #PropertyDisclosureStatement #PentictonRealtor #OkanaganRealEstate #HomeBuyingTips #RealEstateEducation