A strata corporation in Kelowna has recently updated its bylaws to prohibit all rentals of strata lots, effective for all new tenancy agreements entered into after January 1, 2024. Maria purchased her strata lot in 2022 and has a tenant whose lease expires on March 31, 2024. Her licensee, Emily, is advising her. What is the most accurate advice Emily can give Maria regarding her rental property?

Question: A strata corporation in Kelowna has recently updated its bylaws to prohibit all rentals of strata lots, effective for all new tenancy agreements entered into after January 1, 2024. Maria purchased her strata lot in 2022 and has a tenant whose lease expires on March 31, 2024. Her licensee, Emily, is advising her. What is the most accurate advice Emily can give Maria regarding her rental property?

Answer options:

• A. Maria must evict her current tenant immediately, as the new bylaw prohibits all rentals.
• B. Maria can renew her current tenant's lease indefinitely, as her tenancy agreement predates the new bylaw. ✅ C. Maria can allow her current tenant to remain until the lease expires on March 31, 2024, but cannot enter into a new tenancy agreement or renew the existing one.
• D. The new bylaw cannot apply to Maria's unit at all, as she owned the unit before the bylaw was passed, making it 'grandfathered'.

Correct answer: C. Maria can allow her current tenant to remain until the lease expires on March 31, 2024, but cannot enter into a new tenancy agreement or renew the existing one.

Explanation: Under the Strata Property Act, rental restriction bylaws generally do not apply to existing tenancy agreements until they expire. However, they can prevent the renewal or creation of new tenancy agreements after the bylaw's effective date.