As Property Managers, we understand the struggle that owners have experienced through this unprecedented time. The BC Government recently announced that any unpaid rent due to the pandemic must start to be paid back starting September 1st, 2020. If any tenants are unable to pay September 1st rent, 10 Day Eviction Notices may be posted to the unit.
In order to ensure that your tenants pay the outstanding rent, we suggest setting up and agreeing on a repayment plan with the tenants laying out installment dates and times.
The government has also advised that rent increases may begin starting December 1st, 2020. Any increases served during the pandemic will not be valid until December 1st as well.
If you have any concerns regarding your tenants, our team of knowledgeable property managers would be happy to chat with you!
We specialize in experienced property management services throughout Coquitlam, Port Moody, and Port Coquitlam.