Closing in jeopardy as tenant isn’t leaving. Optins?
I emailed the tenant last week with some questions about the unit in preparation for my June 10 closing in which she replied that she would be taking the hearing she’s entitled to.
The deal called for vacant possession and if it was not available, the closing would extend 30 days to allow more time to have her evicted. At that point I can accept the tenant or walk away with my deposit returned. Given the backlog with the LTB I don’t imagine it will be sorted by the end of the 30 day extension.
While I want the place, I don’t want someone else’s headache. She stopped paying rent when the N12 was served and there’s ongoing damage that she’s caused, all of which the owner is to repair.
Anyone know the current time to get a hearing with LTB? Would the owner want to extend the closing further to get her out or would they prefer the deal fails where they relist it once she’s out, getting the increase in value over the summer? I do want the place and can wait but worried the owner could use the 30 day rule to their advantage and relist.
Haven’t heard from them since I let the know the tenant isn’t leaving.