This is a situation where the landlord doesn’t want you to know it, but the power is in *your *hands. Legally, your lease runs until September no matter who owns the building, but the landlord can get a better price for an unencumbered property, so you can ask (basically) “what’s it worth to you for me to be out before my lease is up?” and negotiate something that will offset at least some of the pain of having to find a new place at a higher cost.
Yeah, same thing happened to us. Landlord said he had at least 5 years. After 2 he starts grumbling that our rent is too low but he can’t increase it to the level he wants to (BC rent control). We say, oh that’s too bad.
After 3 years he decides he’s done being a landlord and wants to sell the apartment and tells us he’s going to kick us out and sell the place. We fight. BC has a policy that the landlord must actually live in the unit for at least 6 months in order to evict a current tenant and he’s shown us he doesn’t intend to do so.
There is more fighting, he finally consults a lawyer (he didn’t seem to be aware of the law). He finally understands what he must do to evict us and we started losing ground. End of story we negotiated him for extra money, getting evicted on the same date and decided it was better than walking away empty handed.
The lease goes with the property, there’s no reason for you to leave, unless the new owner is planning on occupying the property. You could ruin the deal if he tries to evict, especially since you have a lease until September. I would ask him to pay you to cover the costs of moving and securing new housing. If he doesn’t, then he can wait until September/October.
Make them pay you to leave early. Cash for keys. It’s probably worth a couple thousand depending on the price they’re getting. “Hey, we have a signed lease, so it is mine until September. But I’ll let you pay me to leave early.”
The real question is- where are those people going to live when you get back and evict them?
That’s the fun part: you get to de-home them with the full support of the law.
My landlord assured me I’d be able to rent this place for years.
A few days ago he tells me he’s selling it, and that I need to move by June 1st, when my lease is until September.
I could fight it, but for what? A few extra months? No point in that headache.
I was hoping to rent a few years till I could buy it, as it is in my home town and near both work and family.
With the crazy rent prices today I’m going to have to move over an hour further just to find a smaller place at similar price.
This is a situation where the landlord doesn’t want you to know it, but the power is in *your *hands. Legally, your lease runs until September no matter who owns the building, but the landlord can get a better price for an unencumbered property, so you can ask (basically) “what’s it worth to you for me to be out before my lease is up?” and negotiate something that will offset at least some of the pain of having to find a new place at a higher cost.
Yeah, same thing happened to us. Landlord said he had at least 5 years. After 2 he starts grumbling that our rent is too low but he can’t increase it to the level he wants to (BC rent control). We say, oh that’s too bad.
After 3 years he decides he’s done being a landlord and wants to sell the apartment and tells us he’s going to kick us out and sell the place. We fight. BC has a policy that the landlord must actually live in the unit for at least 6 months in order to evict a current tenant and he’s shown us he doesn’t intend to do so.
There is more fighting, he finally consults a lawyer (he didn’t seem to be aware of the law). He finally understands what he must do to evict us and we started losing ground. End of story we negotiated him for extra money, getting evicted on the same date and decided it was better than walking away empty handed.
The lease goes with the property, there’s no reason for you to leave, unless the new owner is planning on occupying the property. You could ruin the deal if he tries to evict, especially since you have a lease until September. I would ask him to pay you to cover the costs of moving and securing new housing. If he doesn’t, then he can wait until September/October.
Make them pay you to leave early. Cash for keys. It’s probably worth a couple thousand depending on the price they’re getting. “Hey, we have a signed lease, so it is mine until September. But I’ll let you pay me to leave early.”
This is why you make a written contract before moving somewhere. If you don’t have it in writing, you’re shit out of luck.
Even with a written contract, it’s still a question of whether you want to fight it, which is often more hassle than it’s worth.
In their 13th property they own outright from landlord profits