Whether you are a buyer, or If you own a tenanted property and are selling or thinking of selling, it's important to familiarize yourself with this new portal, delivery timelines and other resources available to you will need during the buying & selling process. First step as a buyer or seller, you'll need to register for a to be able to access the RTB Portal
The RTB Portal is where sellers must enter ALL the details of the tenancy, including:
1) Address of the rented property
2) Amount of the rent & when its paid (I.E. 1st of the month)
3) Name of the Landlord, date of Landlord's birth, Landlord address, email and phone number
4) The name of the tenants, number of adults (19+) and children that occupy the property
5) The tenants mailing address, email and phone number
6) The purchase date
7) The Contract of Purchase & Sale as a PDF *Note this includes the purchase price & all other personal details of the contract
8) Purchaser's written request for the seller to issue notice to end tenancy - As a PDF
9) Full name and birth date of the Purchaser
The amount of information now required by the government to end a tenancy is incredibly detailed. If you have concerns about the amount of private information being collected and how it will be kept secure and confidential, please reach out to your local provincial government representatives.
Buying or selling a tenanted property can be complex, with many legal requirements and potential challenges when dealing with tenants. We work closely with tenants to foster cooperation, handle access, and meet all legal obligations, making the transaction as seamless as possible for both buyers and sellers. Let us guide you through this process with confidence, ensuring a successful outcome.