OSH Security Practice Test

What is the purpose of the Residential Tenancies Act?

1. Provide protection for residential tenants from unlawful rent increases and unlawful evictions

2. To establish a framework for the regulation of residential rents

3. To balance the rights and responsibilities of residential landlords and tenants

4. All of the above

The correct answer is: All of the above

The purpose of the Residential Tenancies Act encompasses a range of objectives that collectively protect the interests of both tenants and landlords in residential rental agreements. The Act is designed to ensure that tenants have safeguards against unlawful rent increases and evictions, creating a fair playing field in the housing market. In addition to providing these protections, the Act establishes clear regulations concerning the management of residential rents, helping to prevent exploitative practices that can arise in the absence of regulation. Moreover, it aims to balance the rights and responsibilities of both parties, fostering a fair and transparent rental process. By recognizing the importance of all these aspects, it is evident that the complete scope and purpose of the Residential Tenancies Act is best captured by the notion that it encompasses all of the listed functions. This holistic approach ensures that the rental market operates smoothly, providing benefits and security to tenants while delineating the responsibilities of landlords.