residential-tenancy-01Are you a landlord? Information in this link is important to know. New Rules as of May 17, 2018 – Click Here

  1. Landlords must give four months’ notice to end tenancy for demolition, renovation or repair, or conversion, and tenants have 30 days to dispute the notice,
  2. A landlord or purchaser if applicable must compensate a tenant 12 months’ rent (unless excused by an arbitrator in extenuating circumstances) if a landlord or purchaser ends a tenancy under section 49 (landlord use) and they don’t:
  3. take steps to accomplish the stated purpose for ending the tenancy under section 49 within a reasonable period after the effective date of the notice, or
  4. use the rental unit for that stated purpose for at least 6 months beginning within a reasonable period after the effective date of the notice.
  5. A tenant has 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.
  6. A landlord must compensate a tenant 12 months’ rent (unless excused by an arbitrator in extenuating circumstances) if the tenant exercises a right of first refusal and the landlord does not give the tenant:
  7. a 45 day notice of availability
  8. a tenancy agreement to sign.
  9. If a landlord is ending a tenancy on behalf of a purchaser, the notice must contain the purchaser’s name and address.