I am selling my rental property this fall, how do I let my tenant know that will not renew her lease?

You do not have to renew the lease with the tenant and there is not a standard form to inform her that you do not wish to renew the lease. However, she does not have to move out at the end of the lease as her lease renews automatically on a month to month basis so she can stay until there is a valid reason to terminate the tenancy. If you are selling the property, you will have to do so with the tenants in possession. Once you have signed an Agreement of Purchase and Sale and the buyer plans to move in to the property, provided the property contains three or fewer residential units, you could then serve notice to the tenant to leave for the purchaser to move in. At that point you would serve the tenant with a Form N12 giving them 60 days’ notice to leave at the end of the term or rental period. The forms can be obtained from the Landlord and Tenant Board’s website at https://tribunalsontario.ca/ltb/forms/#landlord-forms.

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/.

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