Document background
The Letter to Tenant of Intent to Sell Property is a crucial document used in Canadian real estate transactions when a landlord decides to sell a property that is currently occupied by tenants. This document is required by provincial tenancy laws and serves as the first official notification to tenants about the impending sale. It must be issued in accordance with provincial notice requirements and typically precedes any property showings or marketing activities. The letter includes essential information about the sale process, confirms existing tenant rights, outlines the showing procedure, and provides relevant contact information. It's particularly important as it helps maintain transparency in the landlord-tenant relationship and ensures compliance with legal requirements while facilitating a smooth property sale process. The document needs to balance the landlord's right to sell their property with the tenant's rights to quiet enjoyment and security of tenure under provincial residential tenancy legislation.
