Expectant Useful Life of Your Rentals Building Elements

For residential tenancies in British Columbia, there is a Residential Tenancy Policy Guideline pertaining to the expectant useful life of your rentals building elements – which includes components and fixtures. But what does this mean? The Policy describes the Useful Life as the expected lifetime or the acceptable period of use of an item under normal circumstances. This Useful Life of Building Elements Guideline can be helpful in determining when an item may need to be replaced (rather than repaired), and may also assist when calculating a tenant’s responsibility for the cost of replacement. The useful life of your rentals…

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