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BC tenancy act changes quite often. know that the tenancy act is written in a way that favours the tenants. back ground checks, references, etc are all good things to do. remember to keep everything clear cut on what is yours or what you did prior to the tenant moving in and what is the tenants. they should not be doing renovations of any sort and make sure they know this. you shouldn't pay anything even if the work they did "improves" the house. if it wasn't there before they moved in, it shouldn't be there when they move out.
I know a family who rented out their house to had a few deals to lower rent in order to cover some of the renovations for the house. DO NOT DO THIS. keep things clear and what they pay is what is agreed upon on the tenancy agreement, no more, no less and the law will be on your side. anything that deviates from the tenancy act, you're screwed. I know chinese parents who think they know everything but when the law hits them in the ass, they'll be ass fucked just like that.
Fact is, being a land lord is pretty much a full time job in itself. If something doesn't work that should be working from the tenancy agreement (laundry machine) guess who's gotta replace it? Landlords.
Best Advice I can give your parents is to Document EVERYTHING that a dollar amount can be attached to and keep a paper copy of the tenancy act on hand as no one will remember everything on this act.
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