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OnDemand Course

Marijuana: A Property Manager's and HOA's Nightmare

Know your legal rights and obligations regarding marijuana on your properties.

Marijuana is illegal under federal law yet has been legalized for medicinal or recreational use in a growing number of states. This dichotomy poses a number of challenges in the real estate industry, not least of all for managers of commercial properties and for governing bodies of homeowners' associations. This topic will explore the issues facing managers and HOAs and will provide a framework for advising clients in this rapidly changing environment.

86 minutes
Certificate of Completion
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Issues

  • Federal Illegality
  • Nuisance - Other Tenants and Neighbors

Botanical Background

  • The Cannabis Plant
  • Active Compounds
  • Cultivation

Legal Background

  • A Short History
  • Controlled Substances Act
  • Cannabis vs. Hemp

Cannabis Activities

  • Cultivation
  • Storage and Aging
  • Processing
  • Extraction
  • Testing
  • Distribution
    • Transportation
  • Retail Sale

Property Management

  • Role of Property Manager
  • Duties
  • Activities
  • Licensed
    • Sources of Liability
  • Lease Agreements
    • Unlawful Activity vs. a Lawful Purpose
  • Sanctions

Homeowner Associations

  • What Are They?
    • Why You May Need an HOA
  • Formation
  • Typical CC&R Provisions
    • Business
    • Noxious Activities
    • Activities Affecting Insurance
    • Illegal Activity
  • Possible Enforcement
  • Structure
  • Liability for Doing Nothing
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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on September 5, 2019.

Call 1-866-352-9540 for further credit information.

  • WA CLE 1.5
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of A/V credit under the Law & Legal Procedure category.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

William Gay

William Gay

Wilson, Elser, Moskowitz, Edelman & Dicker LLP

  • Partner with Wilson, Elser, Moskowitz, Edelman & Dicker LLP
  • Admitted to practice in California and Washington
  • Licensed California real estate broker
  • Served on board of HOA
  • Represented securities underwriter in MedMen Canadian merger and offering
  • Represented Mile High Labs in Canadian merger and offering
  • Currently advising numerous clients in California cannabis industry
  • Authored articles on securities offerings by cannabis companies
  • Received the highest rating with Martindale-Hubbell Law Directory
  • Selected by The Best Lawyers in America, 2006-2019
  • J.D. and LL.M. degrees, University of Washington School of Law; M.B.A. degree, Michael G. Foster School of Business, University of Washington
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 406206
Published 2019
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