The B.C. Residential Tenancy Act was amended on May 17, 2018.
Following are a few highlights reflecting the changes to the Residential Tenancy Act.
If a Landlord is taking over a property or a buyer is going to be occupying it, the notice to tenants is still 2 calendar months. But if a landlord wants to end a tenancy for the purpose of demolishing the rental unit or to renovate/repair, the notice period is now 4 months.
The compensation given to tenants remains at one month’s rent. The penalty for bad faith evictions – if the landlord does not use the unit for the purpose they stated on the notice to end tenancy within a reasonable amount of time, is now 12 months’ rent instead of the previous 2 months’ rent. There is also a Right of First Refusal, meaning a tenant has a right to return to the unit once the repairs/renovations are completed.
Visit the BC Tenancy Board for more details.
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