What Does Cannabis Legislation Mean to You as a Landlord?
The Cannabis Act became effective on October 17, 2018 -- what does it mean to you as a landlord? How do you protect the property while not infringing on the rights of the tenant?
There are 2 scenarios:
1. Prior to October 17, 2018 – if your tenancy agreement has a clause saying no smoking is allowed, it applies to cannabis as well. There will be no action required.
2. After October 17, 2018 – the new tenancy agreement needs to address:
a) No vaping
b) No smoking of cannabis
c) No growing of cannabis
As medical consumption is to be allowed for a certain limit per the Cannabis Act, it is recommended to request proof of necessity from the tenant. It can get complicated as you do not want to get into the area of Human Rights.
We are kept up to date on the latest legislation and requirements. We are happy to help to manage your investment units so you can be worry free!