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The Residential Tenancies Act and Regulations are the laws governing the rental of residential property and leading the relationship between the landlord and their tenants in the province of Alberta. In Alberta, there is no limit to the rent amount landlords are permitted to charge. Rents can only be increased once a year for an existing tenant.
The act sought to stop these large rent increases by removing the ability of Residential Tenancy Branch to approve rent increases based on geographic area – BC was the only province in Canada that has this geographic component to tenancy legislation.
The Residential Tenancies Act 1986 sets out the rights and responsibilities of residential landlords and tenants, including the requirement to have a written tenancy agreement and the need to lodge tenancy bonds (if one is required) with the Ministry of Business, Innovation and Employment.
Legal scholars and practitioners generally discuss laws that affect housing within the context of real property, landlord–tenant law, mortgage law, laws that forbid housing discrimination, laws that attempt to preserve affordable housing, etc. The following is a list of housing-related statutes in different countries.
The British Columbia Residential Tenancy Act slows gentrification by limiting rent increases to levels below what the market will bear in a gentrifying area. However, a component of the act allows an owner to have a tenant vacate their unit if the landlord has a permit to make renovations to the unit.
A distinction may be made between a residential tenancy, offering a person a place to live, and a business tenancy, where premises are occupied for business purposes. There may be different statutory provisions for residential and business tenancies, for example in the UK's Landlord and Tenant Act 1954 , Part I (now largely superseded) dealt ...
Bill 28, the Miscellaneous Statutes (Housing Priority Initiatives) Amendment Act, 2016, is a British Columbian law that came into force on August 2, 2016. The law was introduced after calls urging the British Columbia provincial government to intervene in the housing market and curb foreign investment that was seen as a major contributor to the rapid rise in home prices.
Residential Tenancies Act may refer to legislation in various jurisdictions: Residential Tenancies Act (Alberta) Residential Tenancies Act, 2006 for the Ontario law