Here’s the details on the B.C. Government website - https://news.gov.bc.ca/releases/2024HOUS0115-001044
BC Government Responds to Industry Feedback on Residential Tenancy Act
Changes
In the immediate wake of publicly voiced concern from the BC Real Estate Association (BCREA), the BC Government has reversed course on two recent changes to the Residential Tenancy Act (RTA) as they relate to buyers of tenanted properties.
The initial changes laid out in Bill 14, which came into effect on July 18, 2024, required four months' notice - instead of the previous two months' notice - for evictions due to personal or caretaker use. The legislation also raised the dispute period from 15 days to 30 days.
Now the government is amending the regulation to lower the personal-use notice period to three months and the dispute period to 21 days for situations when a landlord gives notice to a tenant on behalf of a purchaser. These changes come into effect on August 21, 2024.
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