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How do I become licensed as a Rental Property Manager in British Columbia?

Step 1

  • Qualify for licensing by taking the Rental Property Management Licensing Course offered by the University of British Columbia Real Estate Division. It is a self-paced correspondence course comprised of 20 multiple choice assignments and a 3-hour multiple choice final exam. Individuals may register for the course at any time and have one year from the date of registration to complete the course however, on average, most individuals complete it within six months based on completing one assignment a week usually spending 10 – 12 hours per assignment.

  • For more course information and online course registration, please visit the UBC Real Estate Division’s Rental Property Management Licensing Course webpage.

  • IMPORTANT NOTE ABOUT EXTERNAL TUTORS/LECTURES.  Students are encouraged to take advantage of the Tutorial Assistance and Lectures provided with their Trading Services Licensing course rather than spending additional money on external tutors/lectures.  It is important to note that the Real Estate Council and UBC Real Estate Division have no ties with tutorial classes provided by other members or organizations of the real estate industry and do not monitor or check the services they provide.  Therefore, the Real Estate Council and UBC Real Estate Division cannot be responsible for any information provided by these individuals or companies.

  • Prior to registering in the Rental Property Management Licensing Course, individuals should familiarize themselves with the Council’s Good Reputation Guidelines.  Applicants who have some concern about whether or not they satisfy the requirements of being of “good reputation” should, prior to registering for the Real Estate Trading Services Licensing Course, submit an Application for Pre-Screening form.  An advance decision may thus be obtained as to the applicant’s suitability for licensing, subject to passing the course and examination.  

  • Note: At the time of making licence application, you will be required to submit an original criminal record check along with your licence application to the Council. See step 3 below for details. Please ensure to read all information regarding the criminal record check which is speciifc for licensing with the Real Estate Council.
  • If you feel that you have previous education or experience that would exempt you from either the Licensing Course or Examination, please review the Council’s Education Exemption Guidelines.

Step 2

Step 3

  • You are required to obtain an original criminal record check from your local police agency and submit it along with your licence application to the Council. Click here for detailed information.

  • After you have successfully completed the Rental Property Management Licensing Course and examination, you may apply to the Real Estate Council of British Columbia for licensing as a representative licensed to provide rental property management services by completing the Application for Representative, Associate or Managing Broker Licence form.

  • Click here for licensing fees.

  • **Please forward all original documents in one package to the Council office via mail or courier. Please do not email or fax your initial application as the original criminal record check is required.**

  • Section 10(b)(i) of the Real Estate Services Act requires real estate licence applicants to be at least 19 years of age.

Notes:

  1. When applying for licensing, individuals must have their intended employer sign the application for licensing. It is recommended that while individuals are taking the Rental Property Management Licensing Course they meet with potential employers.

  2. Should more than one year elapse from the time you pass the licensing exam until a licence application is submitted by you, you will be required to pass the exam again. No exceptions.

Once an individual has completed the steps noted above, they will be licensed as a representative licensed to provide rental property management services.

Relicensing Education Program

The Relicensing Education Program (REP) requires licensees to complete a course (or courses) every licensing cycle as a condition of continued licensing.  For further information, please see the REP page.

Budget

Making a commitment to become a licensed rental property manager includes (but is not limited to) the following financial considerations: 

  • Rental Property Management Licensing Course – $875

  • LPI examination (if required) – $103.95 plus study materials

  • Licensing fees (includes 2 year licensing fee, Errors & Omissions insurance and Compensation Fund Corporation assessment)

  • Criminal record check – costs vary depending on police agency.

  • Additional costs for consideration: smart phone, computer, printer, scanner, website, internet access, car lease and business car insurance, business clothing, etc.