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Sellers’ Series: Selling a Property with a Rental Suite, Part Two

Sellers’ Series: Selling a Property with a Rental Suite, Part Two

This week, local Realtor Alyssa Dotson outlines the rights and responsibilities of both seller and tenant when selling and showing a property with a rental suite

By
Alyssa Dotson
    
    
                  
            
Finished basement suite       
                                                                  

Welcome back to the second part of this two-part feature on selling a property with a rental suite.

Last week’s article was focused on determining the type of suite that your home contains and the effect it has on buyers qualifying to purchase it. This week, we will be outlining the rights and responsibilities of both seller and tenant when selling and showing a property that contains a rental suite.

As outlined in the BC Residential Tenancy Act, the seller/landlord must inform the tenant that the property is for sale and give the tenant 24-hour written notice to show the property, which must include the date, time and reason for entry. Notice is given a minimum 24 hours in advance, not to exceed 30 days; generally with showing requests between the hours of 8am-9pm.

When dealing with a tenant that is hard to reach, the seller must schedule viewing times in advance. Once proper written notice has been given, the landlord has the right to show the unit, even if the tenant is not home. When giving advance notice, make sure the notice does not infringe on the tenant’s right to privacy.

Here’s an example of infringement: “Dear tenant, I wish to show this suite nextTuesday, March 17, Wednesday, March 18 and Thursday, March 19 each day between the hours of 1-5pm.Thank you, Landlord.” The excessive time span “between the hours of 1-5pm” takes away from the tenant’s right to privacy by attempting to place a 12-hour reservation over a three-day period. A more acceptable request would be one hour per day.

Uncooperative Tenant?

If a tenant unreasonably denies access to show the suite or supplies potential purchasers with inaccurate or misleading information, you have a few options to pursue.

  1. Approach the tenant and try to resolve the issue.
  2. Supply the tenant with information regarding the BC Residential Tenancy Act, outlining the landlord and tenant’s rights/responsibilities.
  3. Serve one-month written notice to end tenancy for cause.

Dealing with a difficult tenant can be challenging and frustrating, especially when trying to sell your home. In my experience, only one of my sellers found it necessary to exercise and enforce the third option. In most cases a resolution can be reached to the satisfaction of both parties, even after a series of less than favorable incidents.

Assumption of Tenancy

When the property sells and the tenancy is to continue,an additional agreement is not necessary as the purchaser assumes the tenancy with the original terms and conditions. If desired and agreed upon by both parties a new agreement can be drafted to reflect a change of landlord information. This new agreement may be with or without amendments to the current terms and condition


This entry was posted on March 11th, 2015 by Alyssa Dotson Personal Real Estate Corporation | Posted in General

Selling a Property with a Rental Suite, Part Two

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