@sherifnathoo: A landlord asked me for a "closed" two-year lease so he could sell the place empty. In Ontario, a fixed term does not end the tenancy. It rolls into a month-to-month, and the tenant can stay. You cannot write a clause that forces them out. "I want to sell" is not a reason to end a tenancy. The only way to a vacant sale is a buyer moving in, on an N12 notice, after the deal is firm. New for 2026: until September 21, that N12 notice still owes one month's compensation. After September 21, Bill 60 waives it with 120+ days notice. Ever been told a unit would be "empty on closing"? Tell me in the comments. I'm Sherif Nathoo, CEO of CMG Toronto Property Management 437-828-0060 [email protected] cmgtoronto.com #ontariolandlord #landlordtips #propertymanagement #sellingrental #torontorealestate

Sherif Nathoo
Sherif Nathoo
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Saturday 25 July 2026 00:01:11 GMT
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