Cannabis: Title Insurance and Escrow Considerations | Practical Law

Cannabis: Title Insurance and Escrow Considerations | Practical Law

A Practice Note discussing the difficulty of obtaining title insurance and closing services for a commercial real estate transaction when the property involves a cannabis business in a state that has legalized medical or recreational cannabis. This Note discusses when title insurance may be available and provides guidance for closing a transaction without title insurance or the assistance of a title company.

Cannabis: Title Insurance and Escrow Considerations

Practical Law Practice Note w-038-3084 (Approx. 19 pages)

Cannabis: Title Insurance and Escrow Considerations

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A Practice Note discussing the difficulty of obtaining title insurance and closing services for a commercial real estate transaction when the property involves a cannabis business in a state that has legalized medical or recreational cannabis. This Note discusses when title insurance may be available and provides guidance for closing a transaction without title insurance or the assistance of a title company.