(1) A lessor may give
notice of termination of a residential tenancy agreement to the tenant on the
ground that the lessor has entered into a contract for the sale of the
premises to which the agreement relates and under that contract the lessor is
required to give vacant possession of the premises.
(2) Where a lessor
gives notice of termination under subsection (1) the period of notice must be
not less than 30 days before the day on which the tenant is required under the
notice to give to the lessor possession of the premises.
(3) A lessor, or a
property manager acting on behalf of the lessor, must not give notice of
termination under this section that the person knows is false or misleading in
a material particular.
Penalty for this subsection: a fine of $10 000.
(4) This section does
not apply to a residential tenancy agreement that creates a tenancy for a
fixed term during the currency of that term.
[Section 63 inserted: No. 60 of 2011 s. 63;
amended: No. 3 of 2019 s. 25.]