27June 2013

Licensed medical marijuana grower got his mortgage recalled, but not just because of grow-up operation!

Today we’d like to discuss a good example of how not to act if you signed a mortgage contract. A licensed medical marijuana grower had his mortgage pulled by Scotiabank for doing unauthorized renovations.

“Marijuana is not the problem in this case. It’s a well-known fact that unauthorized renovation will lead you to a breach of the mortgage,” – says one mortgage industry specialist…

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