On May 17, 2018, several important changes were introduced to the Residential Tenancy Act. To highlight some of these key changes,
- If a landlord wishes to end a tenancy for demolition, renovation or repair or conversion of the rental unit, the landlord must now provide 4 Month Notice to end tenancy. The tenants will have 30 days to dispute the notice. Previously, a 2 Month Notice was required and tenants were required to dispute within 15 days. Note: The notice should be served at least 4 months before the effective date of the notice and before the day that rent is due.
- If the landlord had ended the tenancy to renovate or repair the rental unit, the tenant holds a right of first refusal. This means the tenant has the right to enter into a new tenancy agreement at a rent determined by the landlord after the renovations are completed. If the tenant chooses to exercise this right, the landlord will need to provide a 45 day notice of availability and a tenancy agreement, OR *compensate the tenant 12 months’ rent. *In some circumstances this may be excused by an arbitrator
- If the landlord evicts the tenant to renovate or repair the rental unit but the stated changes never take place, the tenant could be compensated 12 months’ rent. Previously, it was 2 month’s rent.
|Notice for demolition, reno’s or repairs||2 months||4 months|
|Time to dispute eviction notice||15 days||30 days|
|Compensation for “bad faith evictions”||2 months’ rent||12 months’ rent|
|Right of first refusal||None||Yes|
For more information, click here.