Have questions? We’ve got you covered. Below is a frequently asked list of questions and answers that we have developed over the years. If you still have questions, please contact us!
Yes, we are licensed.
Note: We don’t manage properties that will be renting less than 30 days and a single room in a house/apartment.
Note: Due to COVID-19 and completion of many presales across Lower Mainland. The average rent out time has extended to 3-6 weeks for non luxury properties and 6-12 weeks for luxury and furnished properties.
Yes. “Landlords must give tenants the required opportunities to inspect the rental unit and provide a copy of the completed Condition Inspection Report within 7 days of the inspection. Completing these steps is important in order to claim any of the deposits for damage to the rental unit.”
For more information, please view the BC Housing & Tenancy page.
As per the Residential Tenancy Act, the security deposit is required to be given back to the Tenant within 15 days after moving out and a forwarding address is given by the Tenant.
As per the Appendix A of our standard management agreement, additional charges may apply.
If there are any expenses incurred by you during the given period, Gammon Living will provide the invoice and/receipt upon your written request.
When a non-resident Owner enters into a tenancy agreement with a Tenant, typically done through a property manager/agent such as Gammon Living, the agent is then responsible to withhold, remit and file tax on behalf of the non-resident Owner if rental income is being collected by the agent. The agent will have a NR tax account registered with the CRA in which 25% of the rent collected will be remitted to this account each month.
Every year in January/February, the agent’s accounting department will review all of its NR tax account records, prepare and issue an NR4 slip to each non-resident Owner. The non-resident Owner would then forward the NR4 tax slip to his/her accountant for tax filing in hopes to claim part of the 25% taxes withheld back – this is called a Section 216 (or S.216) tax filing. For further clarification on NR4 filing, please contact your accountant for professional advice.
Have questions? We’ve got you covered. Below is a frequently asked list of questions and answers that we have developed over the years. If you still have questions, please contact us!
Yes, we are licensed.
Note: We don’t manage properties that will be renting less than 30 days and a single room in a house/apartment.
Note: Due to COVID-19 and completion of many presales across Lower Mainland. The average rent out time has extended to 3-6 weeks for non luxury properties and 6-12 weeks for luxury and furnished properties.
Yes. “Landlords must give tenants the required opportunities to inspect the rental unit and provide a copy of the completed Condition Inspection Report within 7 days of the inspection. Completing these steps is important in order to claim any of the deposits for damage to the rental unit.”
For more information, please view the BC Housing & Tenancy page.
As per the Residential Tenancy Act, the security deposit is required to be given back to the Tenant within 15 days after moving out and a forwarding address is given by the Tenant.
As per the Appendix A of our standard management agreement, additional charges may apply.
If there are any expenses incurred by you during the given period, Gammon Living will provide the invoice and/receipt upon your written request.
When a non-resident Owner enters into a tenancy agreement with a Tenant, typically done through a property manager/agent such as Gammon Living, the agent is then responsible to withhold, remit and file tax on behalf of the non-resident Owner if rental income is being collected by the agent. The agent will have a NR tax account registered with the CRA in which 25% of the rent collected will be remitted to this account each month.
Every year in January/February, the agent’s accounting department will review all of its NR tax account records, prepare and issue an NR4 slip to each non-resident Owner. The non-resident Owner would then forward the NR4 tax slip to his/her accountant for tax filing in hopes to claim part of the 25% taxes withheld back – this is called a Section 216 (or S.216) tax filing. For further clarification on NR4 filing, please contact your accountant for professional advice.
Have questions? We’ve got you covered. Below is a frequently asked list of questions and answers that we have developed over the years. If you still have questions, please contact us!
Yes, we are licensed.
Note: We don’t manage properties that will be renting less than 30 days and a single room in a house/apartment.
Note: Due to COVID-19 and completion of many presales across Lower Mainland. The average rent out time has extended to 3-6 weeks for non luxury properties and 6-12 weeks for luxury and furnished properties.
Yes. “Landlords must give tenants the required opportunities to inspect the rental unit and provide a copy of the completed Condition Inspection Report within 7 days of the inspection. Completing these steps is important in order to claim any of the deposits for damage to the rental unit.”
For more information, please view the BC Housing & Tenancy page.
As per the Residential Tenancy Act, the security deposit is required to be given back to the Tenant within 15 days after moving out and a forwarding address is given by the Tenant.
As per the Appendix A of our standard management agreement, additional charges may apply.
If there are any expenses incurred by you during the given period, Gammon Living will provide the invoice and/receipt upon your written request.
When a non-resident Owner enters into a tenancy agreement with a Tenant, typically done through a property manager/agent such as Gammon Living, the agent is then responsible to withhold, remit and file tax on behalf of the non-resident Owner if rental income is being collected by the agent. The agent will have a NR tax account registered with the CRA in which 25% of the rent collected will be remitted to this account each month.
Every year in January/February, the agent’s accounting department will review all of its NR tax account records, prepare and issue an NR4 slip to each non-resident Owner. The non-resident Owner would then forward the NR4 tax slip to his/her accountant for tax filing in hopes to claim part of the 25% taxes withheld back – this is called a Section 216 (or S.216) tax filing. For further clarification on NR4 filing, please contact your accountant for professional advice.