First off, check the contract and look at the terms and conditions regarding the termination. Does it explicitly say that it's a fixed term that specifies that the tenant moves out at the end of the term?
If so, then I suggest to your parents that they squat. It's a huge pain in the ass to get a tenant out (see section 13.1) and your parents have a ton of rights.
If not, then here are your rights:
- At the end of a fixed term, the rental agreement automatically converts into month to month. The landlord cannot force you to sign a new lease. This is on pg 24.
Quote:
When a tenant is not required to move out at the end of the tenancy
and wants to stay, the landlord and tenant may sign another fi xed-term
tenancy agreement, or the tenancy can continue on a month-to-month
basis under the existing terms of the tenancy agreement. Once the
tenancy is month-to-month, the landlord cannot force the tenant to go
back to another fi xed term or sign a new agreement.
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- If the landlord wants to get you out of the place, then they need to have just cause.
They can provide one month notice if the tenant is basically an asshole (see page 27). I doubt your parents fall under that.
Given that the landlord offered to sign a new lease, then the landlord is asking them to leave because they want to use it for their personal use. This falls under section 12.8 - Two month notice. If that's the case, then the landlord must pay a full month's rent.
http://www.rto.gov.bc.ca/documents/G...CT_English.pdf
OH yah, max allowable rent increase is 2.3%.
http://www.rto.gov.bc.ca/content/news/default.aspx