What is the primary purpose of the Alberta Residential Tenancies Act?

The primary purpose of the Alberta Residential Tenancies Act is to establish the rights and responsibilities of landlords and tenants in rental agreements. This legislation provides a framework that governs the relationship between landlords and tenants, ensuring that both parties are aware of their rights and obligations. It covers essential aspects such as rent payments, maintenance responsibilities, privacy rights, and procedures for resolving disputes, all aimed at promoting fairness and clarity in residential tenancies.

By delineating these rights and responsibilities, the Act helps to protect tenants from unfair practices while also allowing landlords to manage their properties effectively. This legal foundation is crucial for maintaining a balanced rental market, fostering trust, and reducing conflicts between landlords and tenants. Therefore, option B accurately encapsulates the Act's primary intent and function in Alberta's residential rental landscape.