06/02/2026
What does it actually mean when a BC home purchase contract says ‘no known issues’?
If you are buying a home in BC, you will rarely see true ‘warranties’ in a standard contract. Most seller statements are representations – they are based on what the seller knows at the time, not a guarantee that there are no hidden problems.
So language like ‘no known issues’ does not always mean there are no issues at all. A warranty, on the other hand, is a stronger legal promise. In most resale transactions, warranties are rare because they create long‑term legal exposure for the seller after closing.
The issue most buyers do not see is that small wording differences can shift who carries the risk if something goes wrong later. Many people only find this out once the deal is firm and their options are limited.
This post is general information only and is not legal advice. It does not create a lawyer‑client relationship.
If you are at the stage of removing subjects or signing a purchase agreement and want to understand how your contract handles risk, contact Kirti Law Corporation to have it reviewed before you commit.