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I am a landlord and my property is undergoing an enbloc process. It is going to be launched for enbloc soon. How would this affect the rental prospect of my unit going forward? As for my existing tenant, when do I need to officially inform them about the enbloc? Thanks in advance for your valuable input.
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1 Answer

Adrian See
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Dear Anonymous,

An enbloc process is never straightforward. Sometimes an appeal may be lodged with the STB by aggrieved owners who felt shortchanged. Such appeals can take between six months to a year or more.

Going forward, you may want to sign one year leases with your tenant. You may like to know that the rules had been revised such that the minimum tenure for a tenancy is three months. This may be to your favour if your apartment is suitable.

There are usually clauses in Tenancy Agreement which specifically mention enbloc notification time frame. Check yours to verify if it was two or three months (norm).

Best Regards,
Adrian See
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