What Is a 7-Day Subject Period? Guide for Vancouver Home Buyers

If you’re buying a home in Vancouver, you’ve likely come across the term “7-day subject period.” But what does it mean, and why is it important?

What Is the 7-Day Subject Period?

Once your offer is accepted, the subject period—typically 7 days—gives you time to complete all due diligence before fully committing to the purchase. Your offer is conditional until these subjects are officially removed in writing.

Common Subjects in a Buyer’s Offer

Here are the standard subject clauses most Vancouver buyers include:

• Financing – Time for your lender to approve your mortgage for the specific property.
• Home Inspection – Confirm the home is in good condition with no major issues.
• Strata Documents Review – For condos/townhomes, review meeting minutes, bylaws, and financials.
• Title Review – Check for liens, easements, or any legal concerns.
• Property Disclosure Statement (PDS) – Review seller-provided info about the home’s condition.

How Do You Remove Subjects?

Once you're satisfied with your due diligence, you’ll sign a subject removal form provided by your REALTOR®. At that point, your offer becomes firm and binding.You’ll also provide your deposit—usually by bank draft, made out to your REALTOR®’s brokerage “in trust.” This deposit is held securely and goes toward the purchase price.

Final Tip

In a competitive Vancouver market, some buyers consider writing subject-free offers. While that may be tempting, skipping your due diligence can come with serious risks. Always work with an experienced REALTOR® to protect your interests. Thinking of buying in Vancouver? Let’s connect. I’m here to guide you with experience and care.