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Renters in BC will be helped by a provincial rent repayment framework, ensuring people can maintain their housing during the COVID-19 pandemic.
BC creating rent repayment framework
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The province is introducing a plan to help both renters and landlords during the COVID-19 pandemic.
Some areas will lift their eviction ban on Sept. 1, and the provincial framework will require landlords to give tenants until July 2021 to repay any outstanding rent, as long as monthly instalments are paid.
Renters will not have to make their first payment until the first rent due date following 30 days of notice from the date of the repayment plan. This will be Oct. 1 for most renters, assuming their landlord provides them with a repayment plan before the end of August.
For example, a renter owing $2,000 in unpaid rent will receive a repayment framework that sets out:
• The total amount of rent still owed ($2,000)
• The amount the renter is expected to pay each month, with the total owing split into instalments (e.g., $200 each month from Oct. 2020 to July 2021)
• The date of the first payment is due (Oct. 1, 2020)
Recognizing that many renters and landlords worked together to make arrangements during this crisis, the framework will also leave some flexibility for landlords to work with renters to further adjust the payment amounts. For example, allowing lower payments in the beginning of the agreement and gradually increasing the payment amounts over time or extending the duration of the repayment process past July 2021.
Two other emergency measures related to rentals will also be extended: landlords will not be able to charge rent increases until December. They can also continue to restrict access to common spaces when required for COVID-19 related health reasons.
For more information about changes to BC’s tenancy laws during COVID-19, click here (EMBED LINK: https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies/covid-19).
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