If your landlord is selling

If your landlord is selling the rental property you live in, it’s important to understand your rights and responsibilities to the current and new landlord. All the terms of your existing lease agreement remain the same no matter who owns the property.

The exception to this, is if you are a long-term tenant (5 years or more) or renting a mobile home site. In this case, a lease agreement may be changed if proper notice is provided. For more information about changing a lease:

Changing a lease

Your landlord does not need your consent to sell their property. Landlords do not have to inform their tenants if they intend to sell, however, it is common courtesy to share this information with you.

Viewings and inspections

If a landlord or their realtor wants to enter a rental unit to show it to prospective buyers, or to carry out an inspection, they must give the tenant at least 24 hours' notice. The landlord must let the tenant know if their realtor will be putting a lock box on the door to access it for viewings.

Notice of Transfer

Once the property sells, your landlord must provide you with a notice called a Notice of Transfer. This notice will give you the name of the new owner and the date of the transfer.

Notices served to landlord

If you have provided a notice to your current landlord, this notice still applies if the ownership of the rental property changes.

If you have paid a security deposit to your current landlord, the deposit will be transferred to the new owner. A Certificate of Deposit in the name of the new owner will be sent to you after the sale.

Your landlord will inform you of the name of your new landlord by providing you a Notice of Transfer.

Following the date of the transfer, you will pay your rent to the new owner.