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Changes to the Residential Tenancy Act May 2018

Recent changes to the BC Residential tenancy act are coming into effect May 17, 2018. So what does that mean to landlords and tenants?

 

Well, the changes such as requiring landlords to provide 4 months written notice to evict tenants using section 49 notices, and penalizing landlords by requiring them to pay their tenants 12 months worth of rent as compensation if they fail to follow through or complete specific steps.

 

These changes are primarily designed to discourage landlords from using section 49 notices to wrongfully evict tenants to rent to a new tenant at a higher rent without accomplishing the purpose for ending the tenancy.

 

There are other changes as well detailed.  Full Article Here

 

What do you think of these changes?

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