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Conversion to Condominium
Converting a rental apartment building or rental townhouse complex to a condominium (individual ownership of the apartment or townhouse) usually means the owner can make more money, so there will continue to be pressure for conversions to happen.
If the City approves or cannot stop the conversion of your apartment building to a condominium, and the condominium becomes legally registered (meaning each residential unit in the building can be individually bought and sold), the TPA sets out rules for the existing tenants in the building.
If you were a tenant before the condominium was registered:
At January 2001 there was a $5 fee for searching for condominium registration information.
The date of the condominium registration is most important for tenants currently living in rental condominium units.
There are a few minor exceptions to the conversion rules based, for example, on when the building was registered as a condominium. This information is contained in the regulations of the TPA. Please contact the Tribunal for a copy of the regulations in this area, or if you have questions.
See Section 54 of the TPA.