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[10 Common Mistakes by DIY Landlords] Mistake #4 Renting Property without Proper License

May 05, 2020

10 Common Mistakes by DIY Landlords – Mistake #4 Renting Property without Proper License

To rent residential property in the area of City of Vancouver, landlords needs a rental property business licence, no matter they hire a property manager or not. This includes the typical One-family dwelling, apartment house, and also laneway house and secondary suite and rooming house.

Understanding the local rules and regulations, as well as licensing requirements, are essential for landlord. It is always unwise to rent out a property without the required licenses, permits and approvals.

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We can’t guarantee that the above tips will help you manage your house effectively. However, we believe that ignoring them will cost you.
Remember to find a professional and licensed Property Manager who always works for your needs, not for his/her own commission.

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By Patrick Cheung

Patrick is a well-trained Rental Property Management Professional. He completed the Rental Property Management Licensing Course in UBC. Patrick plays a key supporting role in day-to-day functions and creates an active working partnership with our licensed Property Managers. Before joining us, Patrick worked in financial and technology areas for many years, he brings to the position extensive experience in business management, financial, mediation and a diverse range of IT technical skills.

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