Posted by Elizabeth Biberger - VIREB's weekly In Touch newsletter! on
With cannabis now legal, Canadian homeowners may cultivate up to four cannabis plants per residence. However, there are many issues related to homeownership, real estate transactions, and growing cannabis in private homes that place homeowners and REALTORS® at risk. A lack of guidance when it comes to remediation concerns, not to mention lenders' and insurers' reluctance to take on the potential problems of a home used for growing cannabis, means that homeowners might be in for an unpleasant surprise when it comes time to sell.
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