Sentences with phrase «rental property management services»

(b) is employed by those owners to provide rental property management services in relation to those properties.

In addition to strata management services, «real estate services» includes rental property management services and trading services.

As you can see, there's a lot to consider when deciding on a vacation rental property management service.

A person who is licensed only to provide trading services and / or strata management services may not provide rental property management services.

2.16 A savings institution, or a mortgage broker registered under the Mortgage Brokers Act, is exempt from the requirement to be licensed under Part 2 of the Act in respect of rental property management services if the savings institution or mortgage broker is acting on behalf of a person who has granted an assignment of rents to the savings institution or mortgage broker.

Within 24 hours of signing up for rental property management services of any kind with us, RentFeeder starts marketing your rental property to just the right people.

These include providing rental property management services with respect to rental property that the licensee owns, or that is owned by the licensee's family, and providing strata management services with respect to a strata corporation in which the licensee is an owner of a strata lot.

(b) in relation to rental property management services referred to in subsection (1)(b), before providing any of those services;

(3) A non-profit organization is exempt from the requirement to be licensed under Part 2 of the Act in respect of rental property management services if the non-profit organization

After you have successfully completed the Rental Property Management Licensing Course and examination, you may apply to the Real Estate Council of British Columbia for licensing as a representative licensed to provide rental property management services by completing the Application for Representative, Associate or Managing Broker Licence form.

Licensees who have been licensed since 1994 or earlier and who wish to continue providing rental property management services at the broker level will be required to complete the Rental Property Management Supplemental Course and Examination in addition to completing the Broker's Business Planning and Financial Management Licensing Course and Examination.

(a) anticipates receiving, directly or indirectly, a benefit from expenditures made by or on behalf of a principal to or on behalf of whom rental property management services or strata management services are or may be provided, or

Section 9 - 4 of the Council Rules provides an exemption from the application of the requirements of the Real Estate Services Act for individuals licensed to provide strata management services or rental property management services when acquiring or disposing of real estate for the use of the licensee or the spouse or family partner of the licensee.

Rental Property Management Licensing Course Designed for entry - level students who want to become licensed to provide rental property management services in British Columbia.

(b) in the case of money received on account of remuneration for rental property management services or strata management services,

These exemptions are not available to personal real estate corporations, meaning for example, that if a personal real estate corporation does own rental real estate in its name, the personal real estate corporation may only provide rental property management services with respect to that real estate through the brokerage with which the personal real estate corporation is engaged.

There is the potential for a conflict of interest to arise if a strata management company, for example, provides rental property management services on behalf of a strata lot owner who rents out a strata lot located in a strata corporation which the strata management company manages.

(2) An individual is exempt from the requirement to be licensed under Part 2 of the Act in respect of rental property management services if the individual is providing the services in relation to rental real estate that is

As a result, all other activities for which a licence is required, such as the provision of rental property management services or activities related to the purchase and sale of real estate, may not be conducted without complying with RESA.

It is important to recognize that all licensees, including those providing rental property management services and strata management services, must comply with the requirement to complete the Disclosure of Interest in Trade form.

Aside from these exemptions, a person licensed to provide only trading or strata management services must generally become licensed to provide rental property management services.

When managing rental real estate outside of RESA for a family member, partnership or corporation, in addition to complying with the provisions noted above, the licensee must provide the rental property management services without remuneration.

A caretaker is exempt from the requirements to be licensed if the caretaker is an employee of each of the owners, the owners have agreed among themselves that the caretaker may provide rental property management services, and the individual is not providing rental property management services on behalf of any other person than the owners.

Real estate services include strata management services, rental property management services, and trading services.

The Real Estate Services Act (RESA) requires that all individuals or companies who provide rental property management services, unless specifically exempted, obtain licensing.

Section 9 - 2 of the Rules allows an individual licensee to provide rental property management services on his or her own behalf in relation to their own real estate.

The brothers have decided that Joe should perform the rental property management services required for this investment.

that the brokerage intends to provide rental property management services or trading services, or both, to one or more owners, as well as to provide strata management services to the strata corporation;

In cases where a licensee is providing rental property management services to a spouse, family partner, son, daughter, parent, partnership, or corporation that includes such family members as partners or shareholders, the licensee must make written disclosure to the family member, partnership, or corporation as noted above under the heading «Application of RESA» and must provide a copy of the written disclosure to the licensee's managing broker.

Section 9 - 2 of the Rules allows an individual licensee to provide rental property management services, without the legislation applying, to or on behalf of their spouse, family partner, son, daughter, or parent, in relation to rental real estate owned by that person, or by a partnership whose only partners are these people.

Thus, the brokerage must also be licensed and willing to provide rental property management services.

Generally, a brokerage that provides strata management services to a strata corporation, while at the same time providing rental property management services or trading services to an owner of a strata lot in a strata corporation, is in a conflict of interest situation.

Joan is providing rental property management services to another person in the hope of future remuneration, even though her current licence does not allow her to do so.

discloses in writing to the managing broker of the related brokerage that the licensee will be providing rental property management services on their own behalf in relation to their own real estate.

Once properly licensed, a rental property management service agreement between her brokerage and client would be necessary, and if rent is to be collected by Joan, the trust accounting requirements of the Real Estate Services Act apply.

Collecting rents is an activity which requires a license to provide rental property management services.

In addition to rental property management services and trading services, «real estate services» includes the provision of strata management services.

All licensees, including those licensed to provide rental property management services, are subject to the disciplinary authority of the Council.

If the person is licensed to provide rental property management services, these services must be provided in the name of and on behalf of their related brokerage.

This can create problems if either the individual licensee is not licensed to provide rental property management services, or the related brokerage is either not licensed to provide, or chooses not to provide, rental property management services.