Are all purchasers Canadian Citizens or Permanent Residents for the last five years?
Have all purchasers resided in British Columbia for the past 12 months?
Are all purchasers first-time home buyers?
Will the home be located in British Columbia?
Will all purchasers live in the home as their principal-residence?
Principal residence is defined as the home that is designated (and is eligible to be designated) as the owner’s principal residence for tax purposes, and where all persons registered on title live permanently (for at least 6 months per year) in a self-contained unit with access to all living facilities at all times to conduct their daily activities (such as: cooking, sleeping and receiving mail) and is the residential address used by the persons registered on title on documentation including but not limited to identification, vehicle registration and income tax returns.
Is the total household income for all purchasers $150,000 or less per year?
What is the price of the home you would like to purchase?