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Updated almost 8 years ago,

User Stats

10
Posts
2
Votes
Andrew Smith
  • Nanaimo, British Columbia
2
Votes |
10
Posts

Landlord selling what are my rights

Andrew Smith
  • Nanaimo, British Columbia
Posted
I am currently saving for my first investment property. While I wait I am moving into a basement suite at the beginning of February. I'll add that I live in British Columbia. The landlord isn't asking for any paperwork for me to sign to do with the pricing and other terms. I feel as though it is not in my best interests to have no documentation. The big issue I foresee is they told me they are planning on selling the house in the summertime. They say that I can continue to rent once they sell. However if the buyer doesn't want me to live there or since I am paying under market value for rent they may want to boost the price or give me the boot. So my main question is can I get them to sign anything that will secure me living there even barring a sale? Or any other suggestions would be greatly appreciated. Thanks!!

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