Education is a fundamental necessity for success and operating in the rental housing industry is no exception. As a landlord, you must strike a balance between your rights and responsibilities and your tenant’s rights and responsibilities as dictated by the multiple piece...
The socioeconomic catastrophe created by COVID-19 has put more regulatory pressure than ever on residential landlords in British Columbia. Residential landlords are an integral part of our economy, and Canadians will rely on them moving forward for the economic activity ...
Rent banks are not only for tenants but they are also an additional resource for landlords, too.
How do rent banks work?
Rent banks across the province provide small, interest-free loans to eligible low and moderate income renters. They help renters, who find themselv...
Finance Minister Freeland delivered the Fall Economic Statement on November 30. The main areas on which the Statement impacts the rental housing sector include the following:
No new taxes on rental investments: Our sector has been increasingly concerned ...
While we now effectively have the final results of the October 24, 2020 provincial election (subject to one recount), we congratulate Mr. Horgan and the BC NDP on their securing a majority government. We look forward to continuing to constructively collaborate with the g...
Fifty years ago, an influx of rental housing development shaped legislation and helped solidify landlord associations in BC
Seven years ago, the BC Apartment Owners and Managers Association (BCAOMA), the Rental Owners and Managers Society of BC (ROMS BC), and the Renta...
On October 19th, Provincial Health Officer, Dr. Bonnie Henry, confirmed that British Columbia has entered the second wave of the coronavirus pandemic. There are steps that landlords can take to protect themselves and the health of their tenants.
LandlordBC has put toge...
On March 17th, 2020, the BC Provincial government declared a State of Emergency in response to the COVID-19 pandemic. This announcement brought with it much uncertainty for all British Columbians — including landlords. While we are not yet out of the woods, we have entere...
2020 Rent Increase: 2.6%
2021 Rent Increase: 1.4%
2020 Rent Increases
Rent Increase Notices served in December 2019 would have had an effective date of April 1, 2020. In late March there was a Ministerial Order which delayed these increases and...
Multi-family Equity Take Out Restrictions Will Ultimately Harm Renters
I am writing in regard to the recent change to equity take-out provisions under the standard multi-family rental apartment insured loan program.
I have been involved with the ownership and operatio...