Two Lawyers from KSW Recognized as Leaders in Employment & Family Law
CONTACT
PAY BILL
LINKEDIN
CONTACT
PAY BILL
LINKEDIN
CONTACT
PAY BILL
LINKEDIN
Home
> Lawyer Content
> Blog title on how to fine the perfect lawyer
Link To Youtube
Recent Media
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Contact Us

BC Government Restricts Short-term rentals to curb ongoing housing crisis

May 20, 2024

BC Government Restricts Short-term rentals to curb ongoing housing crisis

No items found.

In order to address the affordability crisis and provide for more long-term rental housing, the BC provincial government has introduced new regulations targeting short-term rentals such as Airbnb’s.

Starting May 1, 2024, the provincial government has passed new laws which will limits short-term rentals to the host’s principal residence, plus one secondary suite or accessory dwelling unit, in many BC communities.

The Province's regulations will be the “floor”, or minimum requirements, for short-term rentals, meaning that towns and cities can add more restrictive short-term rentals bylaws depending on local needs, as some have already chosen to do.

The principal residence requirement applies across B.C. in municipalities with a population of 10,000 and over, as well as smaller neighbouring communities.

Certain municipalities can opt in or out of the new restrictions each year, depending on if certain criteria are met, such as the rental vacancy rate in the community over the previous 2 years.

Some smaller communities and tourist destinations (such as municipalities with populations under 10,000 that are not within 15 kilometres of a larger community, mountain resorts, and farmland) will automatically be exempt from the new restrictive laws.

Tags
No items found.

Lawyer

Aman S. Bindra

Aman Bindra and his team assist clients with all real estate, banking, and business matters, including purchases and sales of real estate and businesses, borrowing and lending, land development and construction, and leasing.

Aman has extensive experience working with individual, business and corporate clients throughout British Columbia. He regularly advises on and prepares agreements relating to land, asset, and share purchases, financings, and construction projects, and he assists with leasing, incorporations, partnerships, corporate reorganizations, and more.

Profile
You may also be interested in...

Contact

Have questions? Need insight? Our team can assist you in examining your options and determining which path best suits your needs.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

*By clicking submit you agree you have read our Privacy Policy and Disclaimer
Disclaimer: the information you obtain at this site is not, nor is it intended to be, legal advice. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create a lawyer-client relationship. Please do not send any confidential information to us until such time as a lawyer-client relationship has been established. By checking this box you agree to receive communications from KSW Lawyers, which may include quarterly email Newsletters containing legal updates (may easily unsubscribe at any time).