Will Oregon Mandate Closing Services and Title Insurance for Cannabis Transactions?
By EsqSocial Corporation 23/02/21
A proposal pending in the Oregon Legislative Assembly would limit title insurers’ potential grounds for refusing to insure certain real property transactions involving cannabis. Specifically, HB 2806, presented by Reps. David Brock Smith and Gary Leif, would prohibit title insurers and their affiliates from refusing to close or insure real estate transactions solely because the property at the center of the deal has been used for the purpose of growing, producing, manufacturing, or selling...
By: Bradley Arant Boult Cummings LLP