Ravine Development GP Inc. v Khandan
Landlord wins · North York · 2025-01-13
- Adjudicator
- Alexandre Traboulsi
- Dispute
- Agreement Of Purchase And Sale Terminated
- Notice
- N8 Notice of Termination
- Amount
- $10-20K
- Landlord
- Ravine Development GP Inc.
- Tenant
- A.H.K.
- Landlord rep
- Colin Hunt
What happened
Landlord applied for an order to terminate the tenancy and evict Tenant because the tenancy was entered into as a result of an agreement to purchase the condominium unit and the agreement has been terminated due to Tenant's failure to pay occupancy fees.
The ruling
The tenancy between the Landlord and the Tenant is terminated. The Tenant must move out of the rental unit on or before February 28, 2025. The Tenant shall pay the Landlord $16,358.47, which includes daily compensation for use and occupation of the unit, bank charges, and application filing fees. If the Tenant does not pay the full amount by February 28, 2025, the Tenant will start to owe interest at 5% annually on the outstanding balance.