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Old 07-22-2011, 02:09 PM   #73
Regular_John
First Line Centre
 
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Join Date: Feb 2010
Location: Calgary
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Quote:
Originally Posted by Sliver View Post
I just care that a $700/month renter is contemplating holding a $400,000 house hostage on a technicality because he doesn't feel like moving. It's insane.
You've completely misread my intentions if you think that was my original thought. My thought was more along the lines of "write the rent cheque to a new person/company each month"

Basically the short version of this is my landlord doesn't want the responsibility of renting anymore, so he's opted to sell. Given that it's a suited bungalow there it's highly likely it would be purchased as an investment property rather than a family home. Not much different than if we were dealing with a 4-plex or an apartment building really, new owners become the landlord.
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