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Residential Tenancies - FAQs - General Information What does the Residential Tenancies Act do? The act deals with matters between landlords and tenants, and provides them with an efficient and cost-effective means of settling disputes. What is an anniversary date in a landlord/tenant relationship? It is the date the written lease begins or, if there is no written lease, the date on which the first regular rent payment is due, and refers to the same date in any following year as long as the tenancy continues. Who is the Director of Residential Tenancies? The Director is an employee of the provincial government who oversees the workings in regard to the residential tenancies act. Are there premises which are not covered by the Act. Yes. These include, university and college residences on campuses, hospitals, municipal homes, prisons, reformatories, some nursing homes, and hotels. Can a landlord charge an application fee? No, a landlord cannot charge an application fee. Can the landlord and tenant enter into a lease-to-purchase (option to purchase)? Yes. Lease-to-purchase falls under the Act until such time as the tenant owns the premises. It is a good idea that the purchase/sale agreement and leasing agreement be two separate signed agreements. Can the landlord request that the tenant have a cosigner sign the leasing agreement? Yes. The party who signs as a cosigner may be held responsible for the payment of the rent and/or damages. |
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