148 Long Term Lease

• 148 (1) In this section, “long term lease” means a lease to the same person for a set term of 3 years or more.
• (2) If a residential strata lot is leased under a long term lease, the tenant is assigned the powers and duties of the landlord under this Act, the bylaws and the rules for the term of the lease.
• (3) Before exercising any powers of the landlord, the tenant must have given to the strata corporation written notice of the assignment referred to in subsection (2), stating the name of the tenant and the time period during which the lease is effective.
• (4) The strata corporation must give a copy of the notice referred to in subsection (3) to the landlord and to the owner.
• (5) The assignment does not include an assignment of the landlord’s responsibility under section 131 for fines or the costs of remedying a contravention of the bylaws or rules.
• (6) The tenant must not, without the owner’s consent, exercise any power or right of an owner

• (a) to acquire or dispose of land,
• (b) to cancel or amend the strata plan, or
• (c) to do anything that would affect the owner’s interest in the strata lot, common property or land that is a common asset.

• (7) The landlord must not deal with the landlord’s interest in the strata lot, common property or land that is a common asset in a way that unreasonably interferes with the rights of the tenant under the lease or assignment.

1998-43-148, effective July 1, 2000 (B.C. Reg. 43/2000); 2007-14-189, effective December 1, 2007 (B.C. Reg. 354/2007); 2022-41-20.