‘It’s about gouging renters for more money’: advocates push back on standard rent increase

Allowable rent increase for month-to-month tenants set at 4 per cent for 2018, the highest in 5 years B.C. tenants rights advocates are calling on the new BC NDP government to freeze rents and deliver on its affordable housing campaign promises. The renewed call comes as the B.C. Residential Tenancy Branch has set the maximum allowable rent … Continue reading ‘It’s about gouging renters for more money’: advocates push back on standard rent increase

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B.C. announces legislation to close fixed-term rental loophole

If passed, new rules will apply to both new and existing tenancy agreements B.C.’s provincial government has announced legislation to close what has been dubbed a major loophole affecting renters in the province. Critics say the loophole allows landlords to bypass rent controls by having residents sign a fixed-term lease with move-out clauses. At the end of … Continue reading B.C. announces legislation to close fixed-term rental loophole

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Civil Resolution Tribunal – Strata Managers Responsibilities

The strata council can pay a strata property manager to help run the strata corporation. Strata property management companies offer a range of services. Strata property managers are licensed and regulated by the Real Estate Council of BC (RECBC). RECBC also addresses public complaints about strata property managers. Strata property managers might help the strata by: Attending … Continue reading Civil Resolution Tribunal – Strata Managers Responsibilities

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New mortgage rules could disqualify 10% of buyers says Bank of Canada

New mortgage stress tests coming in 2018 could disqualify about 10% of prospective home buyers with larger down payments ineligible for a loan according to the Bank of Canada. The numbers are based on the proportion of low-ratio mortgages issued between mid-2016 and mid-2017 that would have been disqualified if the new mortgage rules had … Continue reading New mortgage rules could disqualify 10% of buyers says Bank of Canada

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Mentee becomes mentor: Top 40 profile of Sean Paulsen – Kelowna Chamber of Commerce BDO’s Top 40 Under 40

Sean Paulsen, 32, Head of Residential Division at Associated Property Management, is 4th of 40 honourees for the new season of Kelowna Top 40 under 40. Sean Paulsen was a fresh-faced young man of 20 when he first joined Associated Property Management in Kelowna. But rather than backlash from clients who thought he was too … Continue reading Mentee becomes mentor: Top 40 profile of Sean Paulsen – Kelowna Chamber of Commerce BDO’s Top 40 Under 40

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Real estate experts gaze in Kelowna’s ‘Crystal Ball’ of future development

Kelowna has been named the fastest growing city in British Columbia, and with population growth comes new development. Licensed by Macdonald Realty Kelowna, local real estate team HM Commercial Group has prepared their annual commercial report that will serve as a “crystal ball” detailing future development in the city. Photo Credit: HM Commercial Group.  The … Continue reading Real estate experts gaze in Kelowna’s ‘Crystal Ball’ of future development

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Local development group behind purchase of Bernard Ave’s Bargain Shop site

The purchase of the 1.5 acre site in the heart of Kelowna’s downtown core was big news yesterday, but not many people knew who had actually purchased the property. Tuesday afternoon The Mission Group, one of the city’s leading developers, said it has purchased the site as a way to continue to demonstrate its commitment … Continue reading Local development group behind purchase of Bernard Ave’s Bargain Shop site

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