Selling With Tenants Is Never Simple
By Zachary Soccio-Marandola · · View online →
The Legal Newsletter for Ontario REALTORS®
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Reading Time: 5 minutes
When selling tenanted property, vacant possession isn’t guaranteed—and that risk shrinks the buyer pool, hurts value, and requires careful handling.
The biggest problem with selling a tenanted property?
Your seller can’t actually guarantee vacant possession.
And that doesn’t just complicate the deal—it brings down value.
The Misconception
Some landlords think that deciding to sell means they can evict. It doesn’t.
- Selling alone is not a valid reason for eviction.
- Neither is financial hardship (like rising