The answer

Review the agreement and amendments, tenant and occupant list, term and renewal, rent and utilities, incentives, deposit and interest, ledger and arrears, inspection reports, notices and service, maintenance and work orders, disputes, insurance, licences, suite permits, condo bylaws, management agreements, entry records, keys, and seller representations.

Calgary-specific context

Verify achieved rent and legal use separately from the listing pro forma.

What to do next

Use a property-specific document and legal-review condition before relying on income or possession.

Related guides

Tenant-occupied transaction guideCalgary Tenant-Occupied Property Sales and PurchasesA source-linked Calgary system for selling, buying, financing, showing, contracting, closing, and taking over a property with an existing residential tenancy: agreement, occupants, rent, arrears, deposits, inspection reports, entry, notices, purchaser intention, suite and condo rules, adjustments, landlord handoff, possession, disputes, privacy, and fallback.Decision playbookCalgary Tenant-Occupied Property Transaction PlaybookCalgary Tenant-Occupied Property Transaction Playbook for Calgary sellers, buyers, landlords, investors, and tenants involved in a sale or purchase while a residential tenancy exists: Determine whether the transaction proceeds with the tenancy continuing, a lawyer-confirmed termination path, a negotiated written agreement, revised price or possession, a dispute plan, or no deal.Interactive toolCalgary Tenant-Occupied Property Transaction PlannerOrganize a Calgary sale or purchase with an existing tenant across agreement type, dates, occupants, rent, arrears, security deposit, inspection reports, entry and showings, notices and service, purchaser intent, financing, insurance, condo and suite rules, conditions, adjustments, landlord records, closing, possession, dispute risk, privacy, and fallback without assuming the sale ends the tenancy.

Verify before relying

Official sources for this topic

These sources explain the rules and records relevant to this topic. Check the current requirements for your property.

RECA consumer informationAlberta real estate consumer guidance.RECA representation and service-agreement guidanceRead the current official guidance and confirm what applies to your property.RECA ProCheckOfficial public lookup for the licensing status and authorization of Alberta real estate, mortgage, property-management, and condominium-management professionals.RECA Real Estate Act RulesCurrent Alberta rules defining agency, designated agency, transaction brokerage, service agreements, records, confidentiality, conflicts, and professional conduct.RECA complaint processOfficial explanation of RECA's complaint role, written complaint process, investigation scope, resolution paths, and possible discipline.Law Society of Alberta lawyer directoryOfficial Alberta directory for checking lawyer status and searching by location, practice area, language, and other criteria.Alberta hiring a home inspectorOfficial Alberta consumer guidance for checking the inspector and business licence, bond and errors-and-omissions insurance, written contract, and written report.RECA deposit fraud warningCurrent regulator warning to independently verify unexpected or changed real estate deposit instructions through trusted channels.

Check the current information at the linked source. Ask the appropriate professional how it applies to your property.

Important

This is general information, not legal advice. Speak with a qualified lawyer about your specific situation.

RELATED GUIDES / Suites & fourplexes

Check rental income and whether the use is permitted.

Separate advertised rent from signed leases and lawful use. Verify suite records, occupancy, insurance, financing, expenses and tenancy obligations; test a vacancy and repair scenario before relying on projected cash flow.

Official verification: City of Calgary secondary suites ↗

Affiliated network resources provide context. Confirm rules, approvals and property records with the responsible authority.