Province fixes loophole threatening renters

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The provincial government has introduced legislation to close a major loophole in fixed-term leases and improve the rights of renters throughout British Columbia, Municipal Affairs and Housing Minister Selina Robinson announced today.

Robinson says the new legislation 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.

“We are protecting the rights of renters who, for too long, have been left open to unfair and unjustified rent increases,” said Robinson, introducing amendments to the Residential Tenancy Act and Manufactured Home Park Tenancy Act.

“By closing this loophole, renters will know they’ll be able to stay in their homes without the threat of skyrocketing rents.”

Read the full article on BC Gov News