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NEW – Tenancy Rules

NEW – Tenancy Rules

NEW TENANCY RULES

BRITISH COLUMBIA

  1. Landlords must give four months’ notice to end the tenancy for demolition, renovation or repair, or conversion, and tenants have 30 days to dispute the notice.
  2. Compensation is being increased to 12 months’ rent if a landlord (or purchaser) ends a tenancy under section 49 (landlord use) and they don’t (within a reasonable period) take steps to accomplish the purpose for ending the tenancy or use the rental unit for that stated purpose for at least 6 months.
  3. Tenants have a right of first refusal to enter into a new tenancy agreement at a rent determined by the landlord if the landlord ends their tenancy to renovate or repair the rental unit.
  4. A landlord must compensate a tenant 12 months’ rent payable under the tenancy agreement if the tenant exercises a right of first refusal and the landlord does not give the tenant notice and a tenancy agreement to sign.
  5. If a landlord is ending a tenancy on behalf of a purchaser, the notice must contain the purchaser’s name and address.

 

NEW TENANCY RULES BRITISH COLUMBIA

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