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Growing recreational marijuana in your home will be legal on Oct. 17, and you will be legally allowed to grow four plants. You would think that having to disclose this to a prospective buyer would go away after it became legal.
Not so fast.
The property disclosure statement, one of the standard forms realtors use in any residential transaction, asks: Are you aware if the premises have been used for a marijuana grow operation or to manufacture illegal drugs? That question will remain.
It does not say “in the last five or 10 years.” It means forever. Illegal activity is only part of the concern. The biggest concern is the mould it creates. This will still be a problem regardless if it is legal or illegal.
A well-trained Century 21 realtor can help you with this. Give us a call.
Bill Hubbard is a real estate broker and the owner and broker of a four-office real estate firm in the Okanagan-Shuswap. He has been in real estate for 28 years and has been an owner and broker in Vernon for 20 years. At almost 60 years old he is just as passionate about real estate as the day he started.
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