How much deposit do BC developers require?
Total deposits typically average 5–15% of the purchase price, paid in 2–4 stages between signing and roughly 12–18 months later.
BC Presale Deposit Schedules
Plain-English breakdown of how BC presale deposits actually work — staged 5–15% structures, timing, and developer-by-developer norms in Metro Vancouver.
Frequently asked questions
Where is my presale deposit held?
Deposits are held in a lawyer's or notary's trust account under REDMA. They are not advanced to the developer for construction.
Do I earn interest on my presale deposit in BC?
Most BC presale contracts do not pay interest on deposits to the buyer. Read your specific contract — terms vary by developer.