Which type of law mainly governs residential tenancies?

Prepare for the RECA Property Management Exam with multiple choice questions that offer hints and explanations. Ace your exam!

The governance of residential tenancies primarily falls under Statute Law. Statute Law consists of laws that have been enacted by a legislative body, such as Parliament or a local government. In the context of residential tenancies, statutes establish the rights and responsibilities of landlords and tenants, providing a framework for lease agreements, eviction processes, rent controls, and more.

For instance, many regions have specific residential tenancy acts that detail procedures and provisions such as notice periods for termination, security deposits, and habitability standards. These laws are essential, as they provide clarity and protection for both landlords and tenants, ensuring that their rights are safeguarded under the legal framework.

While Common Law can influence some aspects of residential tenancy, such as contractual obligations and the interpretation of lease agreements, it is not the primary source governing the relationships in residential tenancies. Civil Law, while relevant in certain jurisdictions, typically refers to a broader legal system encompassing various areas including private law but doesn't specifically govern residential tenancies in the way Statute Law does. Regulatory Law deals primarily with the rules and regulations set by governmental agencies, which can be part of the broader framework but are not the primary law governing the residential tenancy relationships.

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