Section: Word of the editor

The Bitcoin joins cannabis in becoming a real concern for rental housing owners

Published on by Martin A Messier

The Bitcoin joins cannabis in becoming a real concern for rental housing owners -

The Bitcoin joins cannabis in becoming a real concern for rental housing owners

Who would ever have thought that, after the inconvenience related to cannabis cultivation and smoke, rental property owners would have to deal with the problems associated with tenants putting up digital currency installations.

Indeed, some landlords are dealing with tenants who have installed dozens of servers in their apartment. These devices are used to 'mint' digital currency.

It is expected that this type of installation will reoccur and spread because substantial revenues are derived from this type of operation.

Will cannabis use be a horror for rental property owners?

Published on by Martin Messier

Will cannabis use be a horror for rental property owners? -

Will cannabis use be a horror for rental property owners?

In the wake of the law that will probably legalize the use of cannabis, beginning on July 1, 2018, rental property owners and tenants of rental income housing are quite concerned.

Indeed, the odours resulting from cannabis smoke are very strong and quite annoying for most people. In a building, ventilation systems and the proximity of people to each other are elements that converge into a problematic situation for everyone’s life.

Taking protective measures during your holidays, as a rental-housing owner

Published on by Martin A Messier

Taking protective measures during your holidays, as a rental-housing owner -

Taking protective measures during your holidays, as a rental-housing owner

Many rental-housing owners will enjoy the Florida or Mexico sunshine or other sun destinations, in the coming months.

As a rental-property owner you have several responsibilities that cannot be suspended during your absence.

It is important to ensure that your mail is checked regularly by one of your loved ones or one of your trusted employees. You could indeed receive notices from the municipality, your insurer, a tenant, or a notice from the Régie du logement that may require immediate attention to avoid any further problems.

The signing of the lease

Article locked Published on by Martin A Messier

The signing of the lease -

The signing of the lease

First of all, before meeting for the signing of the lease, you must send the regulations of the building to the tenant. To do this, you can use the APQ regulations, but make sure you have the most recent version of them.
Moreover, the new version includes restrictions that concern the cultivation and smoking of marihuana.

Tenants must be given enough time to review the regulations prior to signing the lease.

Marijuana in your building?

Published on by Martin A. Messier

Marijuana in your building? -

Marijuana in your building?

How then can we explain that the Government can consider this option? Who will have to respond to other inconvenienced tenants? Who will pay for damage done to the housing? Who should bear the risk of fire?

The problem is serious and we should not take it lightly. Our elected officials must pass laws that are consistent with the obligations imposed by the said laws on the owners of rental housing.