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HOMEFINDER: New registry brings B.C. landlords up to speed

LandlordBC provides peace of mind for landlords and renters
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Pemberton Holmes Realty agent Michael Taylor says the new LandlordBC registry is a good way for newcomers to property rentals to learn the ins and outs of regulations governing the Residential Tenancy Act.

A new registry aims to teach people the dos and donB次元官网网址檛s of regulations for renting out their homes, suites or properties.

David Hutniak, CEO of LandlordBC, said the registry requires landlords to complete an online course that provides them with a detailed understanding of the Residential Tenancy Act.

Applicants who successfully complete the course receive an B次元官网网址淚 Rent it RightB次元官网网址 certificate that is entered into a database which renters can access when looking for a landlord.

The aim is to provide support for owners and managers of rental housing, including individuals and organizations, explained Hutniak.

LandlordBC, a professional organization that represents the rental industry, was launched earlier this month. The idea came about during discussions following the merger of the Vancouver-based B.C. Apartment Owners and Managers Association, the Victoria-based Rental Owners and Managers Society and the Rental Housing Council.

B次元官网网址淚n efforts to professionalize the industry, in particular small landlords in the secondary market renting suites and condos, we realized that many donB次元官网网址檛 appreciate the fact that theyB次元官网网址檙e running a business,B次元官网网址 Hutniak said. B次元官网网址淭hat often results in less than ideal relationships between landlords and renters.B次元官网网址

The new registry provides important knowledge regarding the Residential Tenancy Act to landlords and gives renters a tool they can use with confidence, he added.

B次元官网网址淚tB次元官网网址檚 rare you build something thatB次元官网网址檚 win-win,B次元官网网址 Hutniak noted. B次元官网网址淭his helps both the renter and the landlord. It lets renters know that someone theyB次元官网网址檙e renting from has the knowledge and certification.B次元官网网址

Michael Taylor, a Greater Victoria realtor with Pemberton Holmes, said the LandlordBC registry is a great idea whose time has come, especially considering the number of rental properties popping up on the West Shore and throughout the region.

B次元官网网址淵ou have a lot of people who are looking for homes that have suites as mortgage helpers, and people looking to sell their condos to buy a bigger home with a yard,B次元官网网址 Taylor said.

B次元官网网址淭heyB次元官网网址檙e not professional landlords, and can get into difficulty because theyB次元官网网址檙e not familiar with the Residential Tenancy Act, so LandlordBC is a great way for them to get familiar with that.B次元官网网址

The online course takes a couple of hours to complete and applicants can make several attempts to achieve the 80 per cent score required to obtain certification. The cost for the course and a three-year certification is $39, plus GST. For more information check out landlordbc.ca.

reporter@goldstreamgazette.com





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