A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.

 

Did you know that Calgary City Council approved changes to the Business Licence Bylaw to require a business licence and regulations for short term rental hosts in Calgary, which come into effect on February 1, 2020?

Definition of a Short Term Rental

A short term rental is defined as the business of providing temporary accommodation for compensation, in a dwelling unit or portion of a dwelling unit for periods of up to 30 consecutive days. Businesses that have been issued a permit for a bed and breakfast are not classified as short term rentals.

Short Term Rental business licence costs

As of February 1, 2020, the Business Licence Bylaw includes a two-tiered business licence category for short term rental hosts. All hosts must have a separate short term business licence for each property they rent out. Tier 2 licensees must obtain a fire inspection for the short term rental property before the business licence will be issued.

Tier 1: 1 to 4 rooms offered for rent = $100 per property

Tier 2:...

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We have listed a new property at 2218 19 STREET in Nanton.
Classic turn of the century home with updates and upgrades in beautiful Nanton. Is it time to relocate to one of Alberta's famous, historic small towns while still within easy commuting distance to either Calgary or Lethbridge? This well-maintained, quaint country charmer has recent upgrades including a metal roof (2008), upgraded electrical to 100-amp service (2008), high-efficiency furnace (2016), hot water tank (2021), some windows, updated bathroom and the rear bedrooms with quality closet built-ins, wooden California shutters in the owner's suite, some appliances, decks and landscaping. Beautiful built-in china cabinet between dining room and spacious kitchen. The laundry located in the convenient mudroom just inside of the side entrance. Basement is unfinished and features a small cold room. The back yard has laneway access and has room for parking for a 26' to 28' RV. A small, decommissioned side entrance...
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As of January 3rd, 2022, the Alberta MLS® System rules will be reverting back to the way it was sometime pre-2014, prior to in individual Alberta real estate boards merging the MLS System rules. MLS® Systems are owned by REALTOR Members.


Here are the changes:

  1. Listings in pending status on the MLS® System will continue to be marketed to REALTOR.ca and third-party websites. This is back in line with term 4.2 of the Seller Representation Agreement that property listings will continue to be marketed until sold.
  2. When a seller accepts a conditional offer, the listing must be reported pending in the MLS® System (within two business days). Sellers cannot opt out of reporting their conditionally sold listing as pending.
  3. Sellers get to choose if they show their properties while they are in pending status. If a seller does not want to show their property, they should provide written instruction to the brokerage through their REALTOR® to decline showing requests.
  4. Pending listings...
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.