Landlords need to prepare a written agreement for every residential tenancy. However, a verbal agreement is still valid and enforceable. It’s also important to note that the standard terms found in the B.C. Residential Tenancy Act (RTA) still applies regardless of whether a written agreement is present. Additional Considerations Paying a security deposit confirms tenancy Tenants and landlords must both…
The COVID-19 pandemic has caused a lot of stress for both tenants and landlords alike. Reduced hours or unemployment essentially puts monthly rent paid on time at risk. As a landlord, if you’re wondering what your options are if your tenant is no longer able to make ends meet, read below. The government of Canada has urged landlords to keep…