So Your Landlord's Putting Up the "For Sale" Sign: Don't Panic, But Pack a Punchline (Notice-wise, that is)
Living in Ontario and renting a sweet pad? Great! Except for that moment when your landlord springs the news they're selling the place. Hold on to your mugs of Tim Hortons, because this doesn't necessarily mean eviction central. But it does involve you knowing your rights, especially regarding the notice period.
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| How Much Notice Does A Landlord Have To Give When Selling The Property In Ontario |
They Can't Shove You Out the Door Faster Than a Poutine-Fueled Polka Dancer
Here's the good news: In Ontario, if you're a tenant, your landlord can't just kick you to the curb because they're selling. By law, they need to give you a heads-up with a proper notice.
How much notice? We're glad you asked!
60 Days: The Magic Number (Unless You're on a Month-to-Month Lease, Then Buckle Up)
If you have a fixed-term lease (lucky you!), even if it's nearing the end of its reign, the 60-day notice rule still applies. This means your landlord can't force you out before the 60 days are up, regardless of whether they find a buyer who wants a vacant unit.
Tip: A slow, careful read can save re-reading later.
Things get a tad trickier with month-to-month tenancies. In this case, both you and the new owner have to play by the 60-day notice rule if you decide to part ways.
But wait, there's more!
New Owner, New Lease? You're in the Driver's Seat
The new owner inherits your tenancy agreement, meaning you can stay put under the same terms. However, you also have the option to negotiate a new lease with the new owner. This could be a good chance to snag some improvements or a rent tweak (hey, it never hurts to ask!).
Tip: Use this post as a starting point for exploration.
Now, let's address some burning questions:
How-To FAQs for the Notice-Savvy Tenant
How to Know if You Have a Fixed-Term Lease or Month-to-Month?
Check your original lease agreement. If it has an end date, it's fixed-term. Otherwise, it's month-to-month.
QuickTip: Break down long paragraphs into main ideas.
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How to Get the Official Notice from Your Landlord?
They should provide you with a written notice using a specific form (N12) outlining the termination date.
How to Deal with a Sketchy Landlord Who Tries to Skip the Notice Period?
QuickTip: Focus on one paragraph at a time.
Don't be shy! Contact the Landlord and Tenant Board (LTB) of Ontario. They'll be happy to sort things out.
How to Find Out More About My Rights as a Tenant?
The LTB website https://www.ontario.ca/page/renting-ontario-your-rights is your best friend. It's packed with info on everything from repairs to eviction rules.
How to Celebrate This Knowledge with Minimal Risk of Spilling Poutine?
High-five a moose (figuratively, of course) and enjoy the peace of mind that comes with knowing your rights!
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