Key Considerations When Buying a Property with a Tenant in Ontario

Purchasing a property with an existing tenant in Ontario involves important legal considerations.
Barrie Real Estate lawyer Mohadeseh Bakhtiari covers the essentials, from reviewing the existing tenancy agreement to understanding your responsibilities under Ontario's Residential Tenancies Act.
Learn about tenant rights, the importance of open communication during the transition, and the need for thorough research, including tenant payment history and property inspections.
Consulting a real estate lawyer experienced in tenancy law can ensure a smooth transition and protect your investment. Reach out to our Barrie office by phone at 705-812-2100 or by visiting our website www.devrylaw.ca to schedule a consultation.
Disclaimer: This video is not legal advice. Consult with a qualified legal professional for advice tailored to your circumstances.