Condo developers in B.C. asked for more information about hot presale market

Condo developers will be required by law to collect and report information on buyers who flip sales contracts for a higher price, according to legislation proposed by the B.C. NDP government.
This is a segment of the real estate market that has been exempt from the dampening effect of the foreign-buyers tax and disclosure rules for so-called shadow-flipping.
For now, the Ministry of Finance plans to collect the personal or business identity of all parties in an assignment agreement, including na