|Go To Laws for Landlords||Publications and Podcasts|
If a person buys property that is already rented to a tenant for less than three years, the new owner takes on all the rights and obligations of the previous landlord.
If the lease is for a term longer than three years, you must have filed a caveat on the certificate of title (ownership) to the land in order for the lease to be recognized by the new owner of the land. If a caveat was not filed, but the new landlord accepts rent from the tenant, she may be taken to have confirmed the tenancy in any event. This would not apply to most periodic tenancies, which are commonly on a weekly, monthly or annual basis.
The degree to which you are protected when a new landlord takes over property subject to an existing lease will depend upon the terms of the lease. The Residential Tenancies Act will still apply if it applied to the agreement between you and the original landlord, so that your rights in that regard will be exactly the same.
Under the new owner and landlord, the terms of the agreement will determine how you are protected regarding matters that that are not covered by the Residential Tenancies Act. Similarly, if the agreement is one to which the Act does not apply, your protection will depend upon the terms of the agreement.
Duties of New Landlord
When a new landlord acquires property that is rented out and is within the terms of the Residential Tenancies Act, the landlord must:
Those notices must be served within a reasonable time of the new landlord buying the premises. A tenant cannot be charged for any expenses relating to the notices.
Other websites of the Centre for Public Legal Education Alberta:
Home | About the Site | Contact Us | Sitemap