New Brunswick residential tenancy
Selling a rental property in New Brunswick
Form 8 ownership-transfer notice, continuing leases and security-deposit records.
Transfer does not erase leases
The buyer usually assumes the existing tenancy and lease conditions. Selling the building is not automatically a reason for an immediate lockout.
Form 8 and records
After the sale is finalized, the seller must complete Form 8 Notice of Transfer and serve it on both tenants and the Tenant and Landlord Relations Office within seven days after ownership transfer. A pending intention to sell does not itself trigger that completed-transfer deadline.
Confirm the tenant’s deposit Certificate of Deposit and keep payment and remittance records. The official office transfers deposits on file to the new owner.
Related New Brunswick resources
A practical ownership-change checklist
Ask the seller or manager when the title transfer occurred and request a copy of the official Form 8 notice. The seven-day filing obligation concerns the transfer event, not the date the tenant happens to meet the new owner.
Continue to maintain reliable proof of rent payments. Confirm the proper new payment instructions and obtain receipts; ownership changes do not themselves cancel deposit and lease records.
If the new owner wants to occupy the unit, check the landlord notice procedure rather than assuming that a sale itself authorizes a lockout or immediate move-out.