LE MYTHE
“When the landlord sells the building, the tenancy ends and I have to move.”
CE QUI EST VRAI
Tenancies transfer with the property. The new owner becomes the landlord on exactly the same terms. They can only end the tenancy for the same reasons the old landlord could.
LE DÉTAIL
Section 6 of the Residential Tenancy Act binds successors in title. A sale of the property does not terminate the tenancy. The new owner steps into the shoes of the previous landlord: same rent, same term, same rights. The only new ground that a purchase creates is if the purchaser intends in good faith to occupy the unit (or have a close family member occupy it), in which case the purchaser can serve a 2 Month Notice to End Tenancy for Landlord's Use on Form RTB-32. That notice requires compensation of one month's rent equivalent, and post-Bill 14 (2024) requires evidence of genuine intent.
Mythes connexes