Want to convert your rental unit in to a commercial unit?

There are several ways in which you can evict the tenant you don’t like without raising the red flag. One of it is to convert or demolish your rented unit. As the owner of the property, you are entitled to do that and your unwanted tenant will have no other chance but to move out of your life. But you have to do it the right way. You have to make sure you follow the process that the law has laid out; otherwise it will bite you in the back.

1. According to the law you must give a notice of termination to your tenant because you are going to demolish your rental unit, or convert it to become something other than a residential premise, or do extensive renovations and repairs that require it to be vacant.
2. Your notice for demolition, conversion, or renovation will justify your tenant’s eviction or his or her termination of tenancy.
3. Expect that it will take at least four months before you can successfully dissolve your tenant’s tenancy on your property. The tenant has every right to vacate on 10 days notice within the four months period.
4. If for instance, a repair has already occurred in the past, you have the duty to inform the tenant that he or she has the choice to finally refuse to occupy the property’s premises once again.
5. However, you have to pay your tenant for at least three months worth of rent to compensate for the trouble caused by the conversion of the rented space, especially when you’re planning to convert the unit into a commercial space, which is by law, classified as non-residential. If however, you only own four or less rental unit, you are exempted from paying compensation to your tenant.  Five and above will constitute, you have to pay the compensation penalty.