Once you decide to sell the unit, all you can do is inform the tenant that the unit is up for sale. You cannot issue a notice of termination based on that reason. You are only able to give her a notice to vacate once you have signed an Agreement of Purchase and Sale and the purchaser plans to move into the unit. At that point you would serve them with a 60 days’ notice using a Form N12. If the purchaser is not planning to live in the unit then the tenants have the right to stay.

As of July 21, 2020 the landlord is required to give the tenant one month’s rent as compensation, or offer the tenant another acceptable unit if pursuing the N12 notice on behalf of the purchaser. The compensation must be given before the termination date on the notice.

For more information, review our RTA fact sheet entitled Selling a Rental Property at https://landlordselfhelp.com/rta-fact-sheets/.