British Columbia Strata Lot Rental Disclosure Statement

Give notice to a tenant that you are ending their tenancy with this 2-Month Notice to End Tenancy for BC residential properties.

• The Notice can only be used in the following specific circumstances:
  • If the landlord or a member of the landlord's family will be occupying the unit, or
  • If the unit is being sold and the purchaser intends to occupy it, or
  • If the unit is being demolished, or major renovations will commence which require the unit to be vacant, or
  • If the property will be converted to strata lots or a housing cooperative, or to non-residential use, or
  • If the unit will be converted for use by a caretaker or manager, or
  • If the tenant no longer qualifies for a subsidized rental unit.
• Use the link to download this Form RTB-32 directly from the British Columbia Office of Housing and Construction Standards, Residential Tenancy Branch.

Rent out a strata unit in Vancouver, British Columbia with this downloadable Tenancy Agreement template.

• which parking and storage areas are included in the rental,
• restrictions on vehicle maintenance on the property,
• procedure for giving notice to the landlord and the strata association,
• pets,
• tenant's responsibility for maintaining building security,
• tenant's responsibility for obtaining contents insurance,
• tenant's liability for damage to the strata unit or common areas,
• restrictions on waterbeds.

The Tenancy Agreement is specifically worded for Vancouver, but can be easily customized for other cities and locations in B.C. Get your copy now.

Retain the services of a property manager to manage the common property of strata lots in a rental investment pool with this template Property Management Agreement.

• The rental pool consists of a group of owners whose units will be rented out. The revenues from those rentals will be pooled to cover the owners' expenses.
• The property management company will be paid a monthly fee for maintenance, management and administration of the common property for the rental pool owners.
• The manager's duties include preparation of annual budgets, procuring contracts, arranging for repairs, collection of assessments from owners, commencing legal action for non-payment, paying contractors and suppliers, supervising contractors.
• The manager is required to attend all regular meetings of the strata corporation and the strata council.
• The corporation will provide the property manager with reasonable access to the common property at all times.
• The corporation indemnifies the manager against claims and damages except for those arising from negligence or willful misconduct on the part of the management firm.
• If you own strata units as investment property, you don't want to spend all your time managing them. Download the Property Management Agreement and hire a professional to do it.