Rental Property Management Tips – Interest on Deposit?
The landlord must calculate the interest owing on the full amount of the security or pet damage deposit, before any deductions are made. The interest is calculated based on an interest rate set at the beginning of each year.
Note: the interest payable on deposits has been 0% since 2009.
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We believe that three basic factors influence the selection of a property manager. 1. Word-of-mouth & Web-site Everybody knows that people tend to listen to word-of-mouth from friends who had a good experience with a specific property manager. They seek out others who...
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Yes, to rent your residential property in the area of City of Vancouver, property owner needs a rental property business licence, even if you hire a property manager. This includes the typical One-family dwelling, apartment house, and also laneway house and secondary...
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Richmond BC V6X 2B9
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Burnaby BC V5H 4C2
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