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BC Property Management Licensing Checklist

A checklist for BC property managers: when RESA s.3 requires a licence, the exemptions, licensing and renewal, and the service agreement and trust rules that follow.

PDF18 itemsFor landlords

What's Inside

The first 5 of 18 steps

  1. Are you acting for another owner?No licence is needed to rent out your own property.
  2. Do you do any listed service?Trading services for renting, collecting rents or security deposits, paying third parties, contracts, supervising the owner's contractors or managing landlord and tenant matters.
  3. Do you receive or expect any remuneration?Any commission, fee, gain or reward, direct or indirect.
  4. Check the exemptions: an employee serving only that owner; a caretaker shared by several owners who agree; a caretaker employed by a licensed brokerage (not for contracts or move-in and move-out inspections); BC Housing units; lenders under an assignment of rents; court and estate roles.
  5. Licensees managing their own or family property: Rules 94 and 95 set conditions, including disclosure to tenants and to the managing broker.

+13 more items in the full checklist

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