Home sales increase in July Home buyer demand picked up across Metro Vancouver last month, making July, a traditionally quieter month in real estate, the second highest selling month so far this year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,557 in July 2019, a 23.5 per cent increase from the 2,070 sales recorded in July ...

City of Vancouver – Rental Incentive Program ReviewOn July 24, 2019 City of Vancouver staff made a presentation to council to lay the groundwork for the development of robust incentives for the creation of rental housing in the City.  The final recommendations are to come to council in November or December 2019.  The presentation is comprehensive and looks backwards to assess the success of v ...

LandlordBC has produced a white paper, UNDERSTANDING BC’S HISTORY OF RENT CONTROLS AND TAX POLICY, intended to demonstrate that the “success” of the mid-80s Multiple Unit Residential Building (MURB) program was less about the deferred taxation benefits and more about the fact that these purpose-built rental (PBR) buildings were stratified. The program thereby removed huge risks for investors ...

Landlords and Property Managers have started to see a significant increase in what can only be described as one of the most despicable forms of fraud the rental housing industry has ever witnessed.  While it is innocent prospective renters who are clearly the real victims of this fraud, these fraudulent “landlords” are causing unfair reputational harm to the many responsible and professional ...

Requesting Information on a Tenancy Application By Property Management Companies. Can a landlord ask for credit information? The BC Business Practices and Consumer Protection Act allows a landlord to obtain a credit report for a person entering into or renewing a tenancy agreement, with the tenant's written consent. If the person does not consent to the landlord obtaining a credit report, t ...

What is a "tenancy agreement"? A tenancy agreement is a contract between a landlord and tenant. The BC Residential Tenancy Act and the BC Manufactured Home Park Tenancy Act are the laws governing tenancy agreements. A tenancy agreement must be in writing and it must contain terms that outline the rights and responsibilities of both parties, including standard terms that are required under th ...