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Updated about 6 years ago on . Most recent reply

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Landlord pays utilities to Tenant Pays utilities

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I'm looking at another multi family property.  Currently the landlord pays all the utilities.  Is there a way to switch that at time of purchase or the only way is to switch it is wait for tenant to move out and change it for the new one?  I'm in Ontario Canada in case that makes a difference for the rules / laws.

Thanks

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

If the tenants are under a lease, you have to abide by the terms of that lease unless all parties willingly agree to a change. If they are month-to-month, you can buy the property and then hit them with the required notice. If they are under a term lease, you'll have to ride it out and then make the change at renewal or with the next tenant.

  • Nathan Gesner
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