Thursday, March 28, 2024

BC Government targets rent-hike loophole with new amendment

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The provincial government introduced legislation on Thursday that aims to close a major loophole in fixed-term leases.

Housing Minister Selina Robinson says the new amendments to the Residential Tenancy act and Manufactured Home Park Tenancy Act will mean landlords can no longer use the loophole to bypass annual rent control, meaning renters will now be protected against massive rent hikes at the end of a lease.

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Victoria Buzz Staffhttps://www.victoriabuzz.com
Your inside source for Greater Victoria happenings. Established in 2012.

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