Buyers for a townhouse gave a 2 month notice to tenants as they intended to use the property for their personal use. Buyers had made a firm offer with no financing condition. Buyers claimed their mortgage fell through and the deal was not closed. The Seller rented the property at a higher rent.
The Tenants sued the Buyers and the Tribunal awarded the tenants $27,000 in damages, rent equivalent to a 12 month period.
Real Estate market is known where Land lords have made fake sales and fake notices so as to evict tenants and rent it at higher rents. Dangerous game for buyers or fake buyers.
