Registration system documents related to land

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Registration System - documents related to land transactions create an accurate title trail Land Titles System Central registry prepares certificate of title which determines interest Binding evidence of transaction Government guarantees title 13 - 11
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Condominiums and Cooperatives Condominiums Allows for combination of individual and joint ownership Condominium association (or strata council) is governing, incorporated body Cooperatives Real property owned in common, or by corporation with shareholders No member owns individual title 13 - 12
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The Landlord-Tenant Relationship Landlord retains reversionary interest in property Lessee is entitled to exclusive possession during term of the lease Contract law applies Lease must be evidenced in writing (if over 3 years) Leasehold interests run with the land 13 - 13
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Types of Tenancies Term lease Stipulated to run for a specific period of time Periodic tenancy Period-to-period rental Subletting = to lease or let a place which you yourself rent 13 - 14
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Rights and Obligations of the Parties Landlord Must not interfere with tenant’s use of the property = quiet enjoyment Repair - obligations may be modified by contract Termination with proper notice by either tenant or landlord “Tenancy at sufferance” – where tenant remains after term of lease expires (compensation may be owed to the landlord) 13 - 15
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Rights and Obligations, continued Tenants Pay the rent Not responsible for reasonable wear and tear Can remove their own fixtures before termination of lease 13 - 16
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Remedies Breach of Lease Landlord can seize tenant’s property Injunction available to both landlord and tenant when lease is breached Tenant may sue for injury suffered by landlord’s breach 13 - 17
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Residential Tenancies Provincial legislation modifies residential tenancy common law Rent controls Notice of termination periods Quality of facilities and repair Security deposits The Residential Tenancy Act governs in B.C. 13 - 18
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In-class Exercise Read the standard Residential Tenancy Agreement used in B.C. Answer the following questions: 1) What are the conditions under which a landlord may increase the rent for an existing tenant?
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  • Fall '19
  • Leasehold estate, Real property law, property office

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