If the client
requires vacant possession of the property and the vendor serves the tenant with 60 days» notice on behalf of the purchaser, the purchaser will be liable if he / she chooses not to occupy the unit within a reasonable time (RTA, ss.
For purchasing clients who
require vacant possession on closing, there could be additional liability.
Not exact matches
Advising on break clauses including successfully advising a tenant on steps
required to comply with payment conditions attached to a break option and then recovering overpayment and acting on behalf of tenant on a dispute as to whether it had provided
vacant possession.