Webaccording to august's research, financialized landlords purchased 90 per cent of all rental stock that came up for sale in toronto in 2020.
Webessentially it stops a landlord from doing exactly what y’all are discussing which is to displace a tenant quickly and without recourse in order to sell the property for.
Webthe penalty for such an act by a landlord can reach up to £25,000, and you may be able to claim costs for moving and potentially higher rent at your new home.
Webalthough the residential tenancies act, 2006 (“ rta ”) specifically permits the eviction of a tenant in anticipation of a new buyer taking possession of a unit, it.