π’ Important Update for All BC Residents! BC, Canada
π New Rental Regulations Effective July 18
1. ποΈ Two Month Notice is now Four Months π
– Tenants now have more time to find a new home when served notice.
2. π Mandatory Web Portal for Evictions π»
– All eviction notices must be registered and tracked online.
3. π New Tenancy Rule:
– If moving into a tenanted property, the new occupant MUST reside there for at least 12 months.
What Does This Mean? π€
π‘ For Tenants:
– Extended time to find a new home β³
– Double compensation for bad faith evictions π°
π‘ For Landlords:
– Impacts ability to sell, obtain a mortgage, and maintain appraisal values π
π Share Your Thoughts Below π
π© Landlords, need advice? DM me!ππ
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