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In This Volume

This Part deals with the requirements and procedures for rental of residential strata lots. Owner developers who rent or intend to rent one or more residential strata lots must file a Rental Disclosure Statement with the superintendent before the first residential strata lot is offered for sale, or conveyed without being offered for sale, to a prospective purchaser. Owner developers must give a copy of this statement to purchasers before they enter into agreements to purchase. Changes to Rental Disclosure Statements may be made in accordance with the requirements set out in s. 139 of this Part.

Part 8 also addresses the strata corporation’s ability to restrict rentals, including rental restriction bylaw limits and application, exemptions, contraventions, and transition issues. Tenant and landlord assignment, powers, and duties under both short- and long-term leases are also set out in this Part.