What happens if my landlord sells the property I’m renting?

If your landlord sells the property, the new owner becomes your landlord and must follow your tenancy agreement. The sale itself is not a valid reason to evict you. However, if the new owner or a close family member wants to move in, they may serve you a 3 -month eviction notice. In that case, you’re entitled to one month’s rent as compensation. See this information from the Residential Tenancy Branch.