The Law Reform Commission of Saskatchewan releases Life Lease Consultation Report and survey5/2/2019 Key Points:
Saskatchewan’s residential tenancies legislation does not apply to life leases. The Condominium Property Act, 1993 also does not apply to life leases. The result is that the rights and obligations of life lease holders are largely governed by the terms of the life lease agreement entered into with the project sponsor The Commission is considering whether Saskatchewan should enact legislation to regulate life lease developments. This survey replicates the questions set forth in the Commission's consultation paper. The consultation paper can be viewed on the Commission's website (https://lawreformcommission.sk.ca/publications/). The public consultation period for this project ends on May 31, 2019.
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