Proposed new legislation will prevent renters in BC from being evicted from their homes under the guise of renovations. If passed, the legislation will also extend the current rent freeze until Dec. 31, limit future rent increases to inflation and improve the process landlords and tenants use to solve differences.
LandlordBC CEO David Hutniak called the move to prevent unfair evictions a road map for positive change, though the organization has not endorsed the rent freeze which was initially announced last November. The extension beyond July means that any rent increases planned before Dec. 31 no longer apply.
“LandlordBC believes that encouraging continued investment to prolong or sustain the useful life of a rental unit or building is essential," Hutniak said in the province's news release, adding that it's important renovations requiring tenants to move out of a unit are done in good faith, and that the process to establish legitimacy is efficient. Landlords would have to apply to the Residential Tenancy Branch before evicting a tenant to undertake renovations.
The changes, if passed, will come into effect on July 1.
Tell us what you think, and how this extension impacts your business. Email firstname.lastname@example.org.
Leave a Reply.