What happens if my landlord sells the property I’m renting?
If your landlord sells the property, the new owner becomes your landlord and must follow your tenancy agreement. The sale itself is not a valid reason to evict you. However, if the new owner or a close family member wants to move in, they may serve you a 3 -month eviction notice. In that case, you’re entitled to one month’s rent as compensation. See this information (opens in a new tab) from the Residential Tenancy Branch.
This response assumes that the RTA applies to your tenancy. See “Does the Residential Tenancy Act apply to my situation?”
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- BC Residential Tenancy Branch (opens in a new tab)
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