- Is my deposit due on Closing Date? No! It’s due on subject removal date
- Should I get my mortgage finalization before I order the building inspection? Good idea – why waste money on a building inspection if the mortgage isn’t finalized.
I rent a condo and the owner’s decided to sell it, when do I have to move? After the owner has an offer and all the subject clauses have been removed, they must serve you notice (in compliance with the Residential Tenancy Act regulations) to move in 60 days, as of the first of the following month. They must also give a free months’s rent for breaking the tenancy.