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Residential Property Management

End of Tenancy: About Notice

by Nicholas Meyer on November 16, 2009

At Downtown Suites, we always act with compassion and empathy to the tenants when delivering an end of tenancy notice on behalf of an owner. At the same time, we want to ensure everything happens without any loss to the property owners if at all possible. An important factor is making sure we have timely delivery of any End of Tenancy Notice, according to the BC Residential Tenancy Act’s stipulations.

Notice is not always considered “received” on the date is it sent, depending on the way this notice is delivered.

Received on the day of delivery: When a copy of the notice is left directly with the tenant, or left with an adult who apparently lives with the tenant, the notice is deemed to be received on the day it is left.

Received in three days: It is important to know that when a copy is left in a mailbox (or mail slot) where the tenant lives, the notice is not deemed to be received until three days after the day it was left. If the notice is faxed to a number provided by the tenant, it is deemed to be received on the third day after faxing. Similarly, if notice is posted on the door or other noticeable place at the address where the tenant lives, it is deemed as received on the third day after this posting.

Received in five days: When a copy has been sent by regular mail or registered mail to the address where the tenant lives, notice is deemed to be received on the fifth day after mailing.

Many owners following these regulations are surprised to discover that, through no fault of the tenant, the notice was not actually received. Unless the notice is directly handed to the tenant, it is wise to have confirmation of receipt. At Downtown Suites, as soon as we hear from an owner that notice must be given, we send it out by registered mail.

(This is an important Evergreen Resource article, revisited from our archives.)

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Ending Tenancy after Sale

by Nicholas Meyer on November 9, 2009

Be Aware, Cautious and Prepared

You have just purchased a home in Vancouver and intend to live in it once the deal is completed. In the eyes of the BC Residential Tenancy Act, you become an “owner-occupier” and if this home is currently occupied by a renter you are entitled to end the tenancy. There are some things you should know about the procedure.

When an owner-occupier purchases, she must send a letter to the current landlord, on or before the effective date of the notice. The landlord (or the new owner-occupier) is required to pay the current tenant one month’s rent, plus give 60 days notice, served by the end of month.

In this situation, upon receiving this notice, the tenant, on the other hand, only has to give 10 days notice before ending the tenancy.

Often it becomes a negotiation point at the time of sale, deciding who should pay that one month’s rent – the new owner-occupier, or the seller.

There can be a downside to all this for landlords. If you are counting on the rent, and, say, the deal closes August 1, you will need to request in writing to the current owner to serve notice. However, if the tenant immediately after receiving this notice, gives 10 days notice and leaves after the 10th day of the month, the result to you would be a loss of revenue, in addition to the one month rent penalty.

In the light of this potential loss of revenue, landlords need to be aware, cautious, and prepared.

At Downtown Suites, we assist owners in understanding and preparing for all situations related to their property and the BC Residential Tenancy Act.

(This is an important Evergreen Resource article, revisited from our archives.)

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No Sublets During Olympics

by DTSuites on November 5, 2009

Nicholas Meyer of Downtown Suites outlines company policy regarding tenants subletting during the Olympics.

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Meet Frances Hui

by Nicholas Meyer on October 23, 2009

Nicholas Meyer introduces Frances Hui, who represents Downtown Suites at events, meetings and celebrations around Vancouver. Recorded at Coast Restaurant.

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Office Party for Judy

by Nicholas Meyer on October 20, 2009

Nic Meyer, Tanja Milosevic, Grace Chung, Ivy Wang, Lisa Taylor, Judy Zhu

We all went to Snow Garden Restaurant for Szechwan food which was excellent, then went back to Nic’s office to have cake and give Judy her card and presents. Judy is leaving us to have her second baby…due in 10 days!
Judy has been with us for almost 2 years now and in that time has become a qualified CGA. We will all miss Judy a lot!

See more photos on our Downtown Suites Facebook Page.

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Nic Meyer in his Office

by DTSuites on October 1, 2009

Nic Meyer in his Downtown Suites office_1

Nic sitting in the conversation area of his Downtown Suites office.

Nic Meyer at his desk in his office at Downtown Suites in Vancouver BC

Nic at his desk at Downtown Suites in Vancouver BC

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Condo Property Management

by Nicholas Meyer on September 16, 2009

what would you rather be doing

Whether it’s golfing, sailing, or skiing, you can enjoy more of it when you put your property in our hands.

Downtown Suites, a boutique property management company, specializes in management of strata-titled suites, apartments, town homes and town houses in Downtown Vancouver and the Westside. As licensed professionals under the B.C. Real Estate Act, we have been serving our clients for more than 25 years.

We provide expertise and individual attention to all the properties we manage. We offer comprehensive, fully customized suite management. Our clients enjoy profitable and carefree ownership.

Find out how we can help you manage your property!

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