A landlord rents her condominium unit month to month. She signs an agreement to sell it to a buyer who in good faith intends to live in it. Under the Residential Tenancies Act, 2006, what notice and compensation apply if the tenancy is ended for the buyer?
Correct Answer
D) At least 60 days' notice to the end of a rental period, plus one month's rent
Section 49(2) of the Residential Tenancies Act, 2006 lets a landlord who owns a condominium unit and has agreed to sell it give notice on behalf of a purchaser who in good faith requires the unit for residential occupation. Section 49(3) requires at least 60 days' notice ending on the last day of a rental period, and s. 49.1 requires compensation of one month's rent or an acceptable alternative unit.
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A landlord offers the tenant a discount for paying rent on or before the due date. Under the Residential Tenancies Act, 2006, how large can that discount be without affecting the lawful rent?
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