Cannabis title insurance is a type of insurance policy that provides coverage for potential risks associated with the transfer of title of real estate used for cannabis-related businesses. These risks can include title defects, liens, encumbrances, and other issues that may arise during the purchase or sale of such properties.
Title insurance is typically purchased by the buyer of a property (and may be required by the buyer’s lender) and provides protection against any claims or defects that may arise in the future related to the property’s ownership or title. In the case of cannabis-related properties, title insurance can be particularly important due to the complex and often uncertain legal landscape surrounding the cannabis industry.
Not all title insurance companies offer coverage for cannabis-related properties, as the industry is still relatively new and presents unique legal and regulatory challenges. It’s important for those involved in cannabis-related real estate transactions to work with a title insurance company that has experience with these types of properties and can provide comprehensive coverage—Infront Settlement Services has knowledge and experience you can trust to get title insurance on your cannabis property.
Infront Settlement Services also provides escrow services for cannabis-related business transfers and real estate transactions.