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Your Insurance and Legal Grow Ops
Under new federal rules introduced in August 2016, landlords have little recourse if a tenant is growing licenced medical marijuana in their unit. There’s a risk, though, that insurance policies will not cover damages from any activities deemed ‘high risk’, and, in most cases, the operation of a
Q&A on Your Physical Condition Rating
Inspection season starts this month
In the coming months, a property-inspection firm hired by the Agency will be reaching out to some coops to set up a time for an inspection. Each year, a sub-set of Agency clients welcomes an inspector to conduct a visual inspection of their property.
If your routine inspection was scheduled for
Tip of the Month
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.