What type of property does the Residential Tenancies Act primarily govern?

The Residential Tenancies Act is specifically designed to govern residential rental properties and the relationships between landlords and tenants. This legislation provides a framework for the rights and responsibilities of both parties in a residential lease agreement, ensuring that certain protections are in place for tenants while also outlining the obligations of landlords.

The Act covers aspects such as rent control, eviction procedures, maintenance standards, and dispute resolution processes, all of which are critical in residential contexts. This focus on residential properties is what distinguishes it from laws governing commercial or industrial properties, which are often regulated by different legislation tailored to the unique nature of business transactions and landlord-tenant interactions in those environments. As a result, the emphasis on residential rental properties captures the main scope and intent of the Residential Tenancies Act, ensuring encapsulation of tenant rights and responsibilities in living accommodations.