Edmonton, AB — May 8, 2014 - The government's newly released «Grow - Op Free Alberta Recommendations» report, concerning proposed legislation to combat the ill effects of
marijuana grow operations on Albertans, their homes and neighbourhoods, was met with applause by Alberta REALTORS ®, Alberta real estate boards and the Alberta Real Estate Association (AREA).
There is no evidence that financial institutions were commonly experiencing defaults or forfeitures due to the existence of
marijuana grow operations on residential properties for which they had granted mortgage loans.»
Client charged with various drug offences in relation to
a marijuana grow operation on a property client owned.
Not exact matches
This spring, an investor closed
on the warehouse for $ 30 per square foot, well below the going rate for the area, and started upgrading the power, water, and ventilation systems in a speculative bet that a new
marijuana law would spark a wave of demand from
growing operations.
Entrepreneurs noticing the great profits to be made in the
marijuana market would start their own
grow operations, increasing the supply of
marijuana on the street, which would cause the street price of the drug to fall to a level much closer to the cost of production.
Joyce said there was «no evidence before me that the financial institutions were aware of the large increase in the number of
marijuana grow operations in homes in the Lower Mainland or that they ought to have been aware based
on their actual experience as of 2002.
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Marijuana grow operation registry — establishing a province - wide marijuana grow operation registry that will help Realtors better inform their clients on a property's
Marijuana grow operation registry — establishing a province - wide
marijuana grow operation registry that will help Realtors better inform their clients on a property's
marijuana grow operation registry that will help Realtors better inform their clients
on a property's history;
The house
on Fernforest Drive revealed sophisticated
marijuana grow operation in the initial stages of set up.
Licensees are advised to read Legally Speaking column # 296 (available
on www.realtorlink.ca), which discusses the question of licensees» duties if an illegal activity, such as a
marijuana growing operation, is discovered
on a listed property.
Common examples of material latent defects could include the fact that the basement leaks when it rains, structural damage to the property, failure of the building's envelope (water ingress), underground storage tanks located
on the property, problems with the potability / quantity of drinking water and any un-remediated damage caused by the illegal use of the property, e.g.
marijuana grow operation.
Join Marjorie Elken to review changes enacted to
marijuana laws at the staatte and federal levels that impact enforcement priorities, as well as advice
on listing disclosures;
grow operation removal and remediation; apraissal issues; leases and property anagement; zoning; HOA insurance; and disclaimers.
Join Marjorie Elken to review changes enacted to
marijuana laws at the state and federal levels that impact enforcement priorities, as well as advice
on listing disclosures;
grow operation removal and remediation; appraisal issues; leases and property management; zoning; HOA insurance; and disclaimers.