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Changes to the Residential Tenancy Act May 2018

Recent changes to the BC Residential tenancy act are coming into effect May 17, 2018. So what does that mean to landlords and tenants?

 

Well, the changes such as requiring landlords to provide 4 months written notice to evict tenants using section 49 notices, and penalizing landlords by requiring them to pay their tenants 12 months worth of rent as compensation if they fail to follow through or complete specific steps.

 

These changes are primarily designed to discourage landlords from using section 49 notices to wrongfully evict tenants to rent to a new tenant at a higher rent without accomplishing the purpose for ending the tenancy.

 

There are other changes as well detailed.  Full Article Here

 

What do you think of these changes?

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“You must be making a fortune!”

 

This is what we here from most friends and clients these days. People are very aware that the market right now is extremely hectic and busy. As realtors, we are thriving in it for the most part. Just the other day I spoke to a colleague who told me they had made more income this year to date then the last two years combined. Things are definitely moving fast and we expect prices to keep rising. However, due to these factors it is harder to price homes and tougher for people to find suitable properties.

 

Our phone may be ringing off the hook, but we always have room for more clients. Contact us today if you are thinking of buying or selling property.

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When showing your home during the winter holidays my number one suggestion is to turn up the heat. Nothing shows worse than a home with a chill. If you have a gas fireplace, turn it on before you leave for the showing. Another tip to do pre showing is to simmer some winter scents (Cinnamon sticks, oranges, cloves or whatever you fancy) to help give your house a festive and cozy feel. Another way to emphasize that cozy feel, place a throw on the back of your couch, preferably one that’s woolen.  One more tip for the inside of your home is to arrange a winter themed centerpiece for your dining room table.

 

Now moving to the exterior of your home, I suggest hanging a festive decoration on your front door such as a wreath, a star or whatever you think is appropriate. Also, hang some tasteful lights around the exterior of your home as well as inside. No matter what holiday people might be celebrating, every winter holiday celebrates the light.

 

 I definitely recommend decorating your house, as no one likes a Scrooge, but I encourage you to take a minimalist approach. Do not hang up massive amounts of decorations. Try to keep what décor you do put up to be classy and clean. Please refer to our DIY Holiday Pinterest board if you need some helpful ideas. 

 

Follow Dodd Team's board DIY Holiday Home Decor on Pinterest.

 

                                                                                                                       

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Explore Vancouver Island and the outlying islands by sail. Vancouver Island is ideal for sailing year round, but especially in the spring and fall months.  All levels will feel comfortable sailing here with the sheltered inland waterways of the east coast to the rough waters of the open ocean. Explore the partially hidden inlets, wild life (whales/seal/porpoises) and numerous islands. 

 

Sailing is a great way to meet your community, with a handful of fantastic sailing races and a few associations that offer many sailing courses. Also, there are multiple public docks and full service marinas to choose from. Many marinas offer facilities such as showers, laundry, stores and pubs. Check out the Harbour Authority Association of BC for an extensive list. 

 

http://www.tartangroup.ca

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.