Important Update for All BC Residents! BC, Canada
New Rental Regulations Effective July 18
1. Two Month Notice is now Four Months
β Tenants now have more time to find a new home when served notice.
2. Mandatory Web Portal for Evictions
β All eviction notices must be registered and tracked online.
3. New Tenancy Rule:
β If moving into a tenanted property, the new occupant MUST reside there for at least 12 months.
What Does This Mean?
For Tenants:
β Extended time to find a new home
β Double compensation for bad faith evictions
For Landlords:
β Impacts ability to sell, obtain a mortgage, and maintain appraisal values
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