Tenants Rights

Existing tenants hold certain rights during a condo conversion. These tenant’s rights include:

  • All tenants are to be notified of their rights prior to the owner filing a lottery conversion application.
  • All tenants are to be offered an option to purchase their unit post conversion at a price determined by the owner.
  • Tenants who don’t purchase their units receive rent control lease arrangements for 1 year. (after this 1 year period, renters may be subject to an owner move in eviction if the unit is sold)
  • Seniors and disabled persons receive lifetime rent control.