143 Rental Restriction Bylaw Does Not Immediately Apply To Some Strata Lots

143 (1) Subject to subsection (4), a bylaw that prohibits or limits rentals does not apply to a strata lot until the later of

• (a) one year after a tenant who is occupying the strata lot at the time the bylaw is passed ceases to occupy it as a tenant, and
• (b) one year after the bylaw is passed.

• (2) Subject to subsection (1), if a strata lot has been designated as a rental strata lot on a Rental Disclosure Statement in the prescribed form, and if all the requirements of section 139 have been met, a bylaw that prohibits or limits rentals does not apply to that strata lot until,

• (a) in the case of a Rental Disclosure Statement filed before January 1, 2010, the earlier of
  • (i) the date the strata lot is conveyed by the first owner of the strata lot other than the owner developer, and
  • (ii) the date the rental period expires, as disclosed in the Rental Disclosure Statement as it read on December 31, 2009, and
• (b) in the case of a Rental Disclosure Statement filed after December 31, 2009, the date the rental period expires, as disclosed in the Rental Disclosure Statement.

• (3) Even if a Rental Disclosure Statement filed before January 1, 2010 is changed under section 139(2) after December 31, 2009, subsection (2)(a) of this section applies.
• (4) Subsection (1)(b) does not apply to a bylaw that is passed under section 8 by the owner developer.

1998-43-143, effective July 1, 2000 (B.C. Reg. 43/2000); 2009-17-23, effective December 11, 2009 (B.C. Reg. 312/2009).