Home grown and real estate

For those who grow at home or decide to grow at home, how will this impact real estate? Will it have to be disclosed if one sells their house even if there is no sign of a grow (no structural damage, mould etc)? If I get my production license, I am thinking of growing 5-6 plants indoors with LED lights, carbon filter etc. If I ever decide to sell my house in a few years, will I have to disclose this? If your required by law to, then you potentially lose a lot in house value.

thanks

where does this idea come from again?

Proven in court these are not issues. Not in legal MMJ grows they arent anyway.

Are you sure you are buying a house Mr?

Not buying a house, but Im wondering whether medical grows will impact value should I ever sell.

The wording in disclosers are written different in all Canadian provinces. The wording usually asks, "illegal marijuana grow op". If you are a "registered med grow", then you are good to go.
Best thing to do is run it past your real estate lawyer (not your REALTOR).

jafro daweedhound said:

The wording in disclosers are written different in all Canadian provinces. The wording usually asks, "illegal marijuana grow op". If you are a "registered med grow", then you are good to go.
Best thing to do is run it past your real estate lawyer (not your REALTOR).

Click to expand...

Thanks! I live in Ontario.I wonder what the disclosures are for Ontario. Anyways I don't plan on moving anytime soon but I guess you never know.

I would pay more for a home that was 'Grow Ready'. Fear mongers can go to hell.....

As of Mar/2013.....

Marijuana Grow Operations

According to Ontario law, a seller must disclose if the property was a grow op when:

• there is an actual material latent defect of which the seller knows or ought to have known;
• the buyer asks a specific question or expresses a specific concern;
• the Agreement of Purchase and Sale contains representations that the property was not used as a grow op or for criminal activity; or
• there is some statutory or regulatory requirement that this disclosure be made.

And this is the biggy, I know for sure Remax insists on the SPIS form to be completed, and specifically includes the question of "former LEGAL MMJ grows."

"Signing a disclosure statement in Ontario such as the SPIS is voluntary. Agents sometimes recommend filling out and signing the SPIS because they believe that if this form is not made available, then potential buyers will wonder what the sellers are trying to hide."

SirLoweed said:

I would pay more for a home that was 'Grow Ready'. Fear mongers can go to hell.....

Click to expand...

Careful what you wish for. We have enough diks trying to fuck over sick folks. We don't need greedy landlords helping drain their already limited funds as well.

That's exactly what happened in Colorado! A house rental that would normally go for $1200/month, that an owner is ok with MMJ grows...now gets $2500/month.

TheRealDman said:

As of Mar/2013.....

Marijuana Grow Operations

According to Ontario law, a seller must disclose if the property was a grow op when:

• there is an actual material latent defect of which the seller knows or ought to have known;
• the buyer asks a specific question or expresses a specific concern;
• the Agreement of Purchase and Sale contains representations that the property was not used as a grow op or for criminal activity; or
• there is some statutory or regulatory requirement that this disclosure be made.

And this is the biggy, I know for sure Remax insists on the SPIS form to be completed, and specifically includes the question of "former LEGAL MMJ grows."

"Signing a disclosure statement in Ontario such as the SPIS is voluntary. Agents sometimes recommend filling out and signing the SPIS because they believe that if this form is not made available, then potential buyers will wonder what the sellers are trying to hide."

Click to expand...

Thanks for the info. The most recent SPIS form that I can find asks the question, "Has the use of the property ever been for the growth or manufacture of illegal substances?" Cant find a question about legal mmj.

herbs1 said:

Thanks for the info. The most recent SPIS form that I can find asks the question, "Has the use of the property ever been for the growth or manufacture of illegal substances?" Cant find a question about legal mmj.

Click to expand...

My buddy works for Remax, check theirs.

Legal is legal...

TheRealDman said:

Careful what you wish for. We have enough diks trying to fuck over sick folks. We don't need greedy landlords helping drain their already limited funds as well.

That's exactly what happened in Colorado! A house rental that would normally go for $1200/month, that an owner is ok with MMJ grows...now gets $2500/month.

Click to expand...

...which is entirely reasonable. It's called supply and demand. Not every landlord wants to deal with it so those who do are in demand.

Grow ops can easily damage a house, forcing expensive repairs and mitigation.

Be sure to disclose the SpiderMite Issue as well...

SirLoweed said:

I would pay more for a home that was 'Grow Ready'. Fear mongers can go to hell.....

Click to expand...

Gotta agree....If it was a properly setup room done correctly...that would be as nice as an indoor pool imo.
A proper room will not affect the house in anyway other than what's in a morons mind. Of course many buyers would say.." no thanks " . But in the age of legality coming..it could be a selling feature. It could be pointed out that this room is state of the art and not a problem to have.
Listed with " Professional Grow Room " ready to use. no differant than a nice little greenhouse in the backyard. Only safer and more private.

Omg hippy!.....that's beautiful....professional grow room ready to use.....hahahahahaha....

and they'll say it can't be done...

This guy may have to disclose,

Aug 25, 2016 | Vote 0 0
Grow op found inside burning building in Havelock
Joseph Tassone, 55, Havelock-Belmont-Methuen Township, is charged with produce schedule 2 substance (cannabis marijuana)

OPP car

Peterborough This Week


HAVELOCK -- Police seized 260 marijuana plants from a burning building Wednesday (Aug. 24) night.

Peterborough County OPP report that at around 6:45 p.m. emergency crews responded to a fire at a building on Mary Street in Havelock-Belmont-Methuen Township.

Police found about 260 marijuana plants inside the building.

Joseph Tassone, 55, Havelock-Belmont-Methuen Township, is charged with produce schedule 2 substance (cannabis marijuana).

Grow-op discovered at scene of sudden death
Cause of death under investigation, police say no risk to the public
CBC News Posted: Aug 24, 2016 4:26 PM NT Last Updated: Aug 25, 2016 10:51 AM NT






Police investigate sudden death, grow-op in Paradise 0:33

The Royal Newfoundland Constabulary's explosive disposal unit responded to the scene of a sudden death in a neighbourhood in Paradise on Wednesday afternoon.

A source told CBC News officers found a marijuana operation inside the home on Ridgewood Drive.


Police officers were called to a home on Ridgewood Drive in Paradise at noon Wednesday to a sudden death. (Mark Cumby/CBC)

Officers were called to the home around noon. The cause of death is under investigation.

However, the RNC said there is no risk to the public.

The RNC said through the course of the investigation, officers discovered items that may pose a risk to officers.


A Royal Newfoundland Constabulary officers speaks with neighbours on Ridgewood Drive in Paradise, after a sudden death on Wednesday. (Mark Cumby/CBC)

The explosives disposal unit was called around 4:30 p.m.

A crew has been called in to dismantle the grow-op, a source told CBC News.