Developers of residential real estate projects in B.C. have been
faced with a number of legal and practical challenges as they
attempt to navigate the repercussions of the current COVID-19
public health emergency. Among other things, developers have been
required to find new and safe ways to operate their construction
sites, administer rental buildings, complete home inspections and
closings, and continue their ongoing marketing activities.
Effective as of April 17, 2020, the Superintendent of Real
Estate in B.C. has issued Policy Statement 17, with the aim of
providing some relief to B.C. developers whose marketing activities
have been adversely affected by the pandemic response. The key
points arising out of this initiative are summarized below.