Tenant Rights & Responsibilities
The Residential Tenancy Branch administers the Life Leases Act.
Their web site sets out its responsibilities as follows:
We also investigate, mediate and make decisions on disputes between landlords and tenants over:
The authority of the Residential Tenancy Branch (RTB) is not disputed, especially as it pertains to rent increases and other such issues. However, how far that authority goes, or is carried out by the RTB is unclear, both in written form and in practice. Certainly not all disputes between landlords and tenants are considered appropriate for the RTB.
Most of the rights and responsibilities of Tenants are, in practice, determined by the Landlord and/or the Management Company that manages the facility. Many differences exist between the rights and responsibilities of Tenants in different facilities, For example:
these are but a few of the issues to understand when entering into a specific Life Lease agreement. One thing of which you can be sure: not all Life Lease agreements are the same! What you hear from one facility may not be the same as what you would hear from another facility. If you are considering a Life Lease, do not be afraid to ask questions. The answers you get will help you decide on the appropriateness of a particular Life Lease for you.
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