During the Tenancy
Sale and Purchase of Rental Property
The sale and purchase of a rental property has no effect on the rights of a tenant. The new landlord has all of the rights and obligations of the former landlord, including the obligation to return the security deposit when the tenancy ends. See sections 38 and 39 of the Act.
A landlord does not have the right to evict a tenant for the purpose of selling rental property.
For periodic tenancies, the purchaser under an agreement for sale of rental property can ask the vendor/landlord to give tenants a notice to vacate for the purpose of enabling the purchaser to occupy the property: s. 60(6). For month to month tenancies, a calendar month's notice is required.
Term leases continue until the end of the term and can not be ended because the property is sold.