What to do about existing tenants

[ccameron]

I have an accepted offer to purchase on a duplex. The price is certainly right however due to the fact that it is a foreclosure there is a tenant in the upper unit that comes with the building. Problem is...rent is far too low and I have no idea what type of person he is. How can I get rid of him and start fresh?

 

[invst4profit]

If the deal is done it is too late to get rid of them.
At this point you can only evict if you or a family member wants the unit or you wish to reno the building. With a reno eviction they may want back in but not likely.
Other than that in Ontario you can only evict for legit reasons as stated in the LTB rules.


Find a relative that will move in for a extended temporary time

 

[ccameron]

QUOTE (invst4profit @ Oct 23 2008, 08:18 AM) If the deal is done it is too late to get rid of them.
At this point you can only evict if you or a family member wants the unit or you wish to reno the building. With a reno eviction they may want back in but not likely.
Other than that in Ontario you can only evict for legit reasons as stated in the LTB rules.


Find a relative that will move in for a extended temporary time


Thanks for the advice. I decided to not go through with the deal. Not up for that much of a headache this time of year...or any time of year for that matter! All the best to you. CCameron