Bill 14 – Tenancy Statutes Amendment Act, 2024, which amends both the Residential Tenancy Act and the Manufactured Home Park Tenancy Act, received Royal Assent on May 16, 2024. This new legislation introduces significant changes aimed at providing greater protections for tenants. Here are the key changes that landlords and tenants need to be aware of:
These amendments are designed to balance the needs of landlords with enhanced protections for tenants, ensuring a more stable and fair rental market.
Stay informed and compliant with these new regulations to ensure smooth and lawful property management.
Dustin Miller is the managing broker of 8X Real Estate. When he's not on the road, he is on his computer looking at real estate. You can often find Dustin at his office enjoying a bowl of won-ton soup.
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