Cannabis: 100,000 owners plan to modify their leases
News
As of October 17, when cannabis will become legal in the country, property-owners in Quebec will have 90 days to send a notice of addition to the lease to maintain the ban on cannabis consumption.
Tenants will not be allowed to oppose the notice unless they need cannabis for therapeutic reasons. CORPIQ will soon send its members a model notice.
According to the CORPIQ survey, no less than 86% of homeowners with one or more leases, that still allow smoking, intend to exercise their right: they intend to take advantage of these three months to send tenants a notice stating that smoking cannabis in their building will remain prohibited. CORPIQ calculates that more than 100,000 homeowners could send a notice of modification of a lease between October 17 and January 17.
Knowing that the Quebec government will give homeowners a three-month period to add to their already signed leases a clause prohibiting the smoking of cannabis, what are you going to do?
(Question to landlords with leases permitting smoking)
(1) Survey carried out from June 15 to June 20, 2018 among owners of rental housing buildings representative of the Quebec market. 1535 respondents. Margin of error of 2.5%, 19 times out of 20. Due to rounding, the total may not be 100%.