Forms and contracts
Before you buy or sell a property, why not take a little time to review the OACIQ’s mandatory and recommended forms used by your broker? They will give you a good idea of the main steps involved in a real estate transaction.
Please note that these forms are provided for illustration purposes only and cannot be used for an actual transaction.
Apart from the risk of explosion due to solvents used in making marijuana oil, or fires caused by electrical malfunctions, a high rate of humidity maintained over long periods is the main cause of damage to a building. High humidity rates cause building materials to rot and moulds to proliferate.
Many agents have recently been faced with difficult situations where they suddenly found out that a property concerned in a brokerage contract or a promise to purchase (in progress or accepted) had been used as a marijuana growing operation. Here are the ACAIQ’s recommendations in such cases.