Landlords

Coronavirus (COVID-19) Canada – Resources for Landlords and Tenants

(LATEST UPDATE: June 25, 2020)The provincial and federal governments of Canada have unveiled sweeping assistance packages to help all Canadians through this unprecedented time.  We at liv.rent are here to help landlords and tenants navigate the resources newly available to them during the COVID-19 pandemic.  For a quick summary of events impacting Landlords and Tenants, refer to our post: COVID-19 - Update For Landlords and Tenants. Table of Contents For website directories and ...

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Coronavirus Information for Canadian Landlords and Renters

Coronavirus (COVID-19) Canada – Update For Landlords and Tenants

In these unprecedented and uncertain times, managing any and all of your responsibilities can seem daunting. However, knowing that your friends, neighbours and fellow global citizens are sharing this experience, will hopefully add a level of comfort and encouragement.  For landlords, what are your responsibilities to your tenants and your rental property during the Coronavirus (COVID-19) crisis?  For tenants, how should you respond? For information on how to navigate the COVID-19 outbreak, jump to the following sections: Landlord UpdatesRenter ...

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Landlord Guide: Rental Property Rules

When renting out your property, it is absolutely crucial that you carefully think through a set of rules for your tenants. Many of these should be reflected in the Lease Agreement providing as much detail as possible to avoid any ambiguity. Ultimately, this will help you avoid conflicts with your tenants and, hopefully, preserve the condition of your rental property.  Top 12 Considerations when setting Rental Property Rules We’ve outlined the ...

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Landlord Guide: Renting To Students

Is Renting to Students a Good Idea? For many, the idea of renting out your home or apartment to students sounds alarm bells. It really shouldn’t. These tenants can often prove to be excellent – reliable, tidy, and, financially secured by their parents. In fact, having parents as guarantors on a lease, which is the usual case in student situations, is often far more sound than leases with other tenants. We ...

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vancouver rental vacancy rate

Vancouver Rental Vacancy Rate

We hear a lot about the Vancouver rental vacancy rate being very low but what is this metric and what does it really mean? In this post, we shed some light on the matter and its implications for renters and landlords alike. What Is Rental Vacancy Rate? The vacancy rate refers to the percentage of units that are vacant or unoccupied in a city, region or a given property. What is the Vancouver ...

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Residential Tenancy Act Guide: Dispute Resolution

Dispute Resolution Tip and Tricks Unfortunately, tenant-landlord relations aren’t always as harmonious as either party would like. As a result, the provincial government has established guidelines and procedures to follow should such discord arise. The most common reasons tenants seek dispute resolution: Dispute a Notice to End Tenancy when a landlord wants to break a fixed term lease pre-maturely. Dispute an additional rent increase when a tenant believes a landlord has unfairly increased rent. ...

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Landlord Guide: When to return or hold security deposits?

As a landlord in BC, at the beginning of a tenancy, you can require a tenant to pay: a security deposit equivalent to one-half of one month’s rent; and if they have a pet, a pet deposit equivalent to one-half of a month's rent (so a full month's rent in the case of pet-owning tenant) Tenants must pay the security deposit within 30 days of entering into the tenancy agreement or ...

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Landlord Guide: How to End or Extend a Tenancy Agreement

How To End Or Extend A Tenancy Agreement As a landlord, many months may go by without any contact with your tenant and usually this is a good thing. However, once or twice a year, depending on the tenancy agreement or when the lease contract is nearing its end, you will need to reach out to your tenant to renegotiate the lease. In less common instances, you may want to end ...

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