Self-managing landlords face Bad Tenant Self-managing landlords face difficult and stressful task of dealing with bad tenants. Most of landlords do not have the time or experience to deal with legal paperwork, court appearances, bailiffs and the Residential Tenancy Branch. We know the process and how to deal with these issues. Our aim is to make [...]
BC Speculation Tax After more than a month of deliberation, the Bill 45 Act, the Speculation and Vacancy Tax Act, passed the third reading on November 22nd, 2018 and approved by the provincial government on November 27th, 2018. It is important to note that the BC Speculation & Vacancy Tax is different to the BC [...]
Residential tenancy rent increases that take effect in 2017 are allowed to a maximum of 3.7%. Standard Rent Increases Landlords must provide tenants with three full rental months’ notice of a rent increase. Manufactured home park landlords who do not wish to increase rent by the allowable proportional amount may apply a standard rent increase.
For residential tenancies, the standard allowable rent increase for 2016 is 2.9% For manufactured home park tenancies, the standard allowable rent increase for 2016 is 2.9% plus a proportional amount for the change in local government levies and regulated utility fees Outlines the maximum allowable rent increases for the past few years: Do you know [...]
Vancouver Highlights Increased rental demand pushed the average vacancy rate down to one and 0.7 per cent for purpose-built rental apartments and rental condominium apartments, respectively; For units common to the 2013 and 2014 fall surveys, the estimated rent increase was 2.5 per cent for a two-bedroom apartment; Higher same-sample rent growth compared to the [...]