New Standard Forms and clauses for tenanted properties coming next week
At a glance (2 minute read)
- BCREA is releasing new Standard Forms and clauses on January 22, 2025, to align with updated tenant regulations under Bill 14.
- The new page added to the forms will make the new rules clear to your clients, outlining requirements and penalties for non-compliance.
To help REALTORS® comply with new regulations around tenant-occupied properties, the BC Real Estate Association (BCREA) is updating its Standard Forms and clauses starting January 22, 2025.
We strongly recommend you always use the most current BCREA Standard Forms and clauses available on CREA WEBForms.
What’s changing?
Bill 14 introduced updates to the Residential Tenancy Act affecting notices for vacant possession of tenanted properties and imposing stricter penalties for non-compliance or bad-faith evictions.
To raise awareness, an information page has been added to the Tenant Occupied Property – Buyer’s Notice to Seller for Vacant Possession form. It details the updated requirements, required personal information, and potential legal and financial penalties.
You can preview the new page and read more about the changes by reading BCREA’s Standard Forms Revision Guide.
You can also check out BCREA’s Standard Forms Resources page for more information on this change, and for information on future Standard Forms updates.
Read more about new tenancy rules
- Residential Tenancy Branch Notice Requirements – Key Information for REALTORS® article
- Landlords Take Notice – Recent Amendments to BC Tenancy Legislation # 574 Legally Speaking article
- Selling Tenant-Occupied Properties course
- Information Required to Complete Landlord Use Notice Generator RTB resource
- CREA WEBForms