B.C. gov seeks to close tenancy loophole

Restricting ‘vacate clause’ could benefit renters province-wide, though questions remain

With new legislation announced Oct. 26, the provincial government will move to close a major loophole in fixed-term leases that has been a thorn in the side of B.C. renters for years. If passed, the amendments will restrict a landlord’s ability to use a “vacate clause” in fixed-term tenancy agreements to certain circumstances only, and limit rent increases between fixed-term tenancy agreements with the same tenant to the maximum annual allowable increase (currently set at two per cent).…

Source:: B.C. gov seeks to close tenancy loophole

• Whistler News

November 1, 2017

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