apartments, landlord, residents, marijuana

Banker & Tradesman publishes “Legalized Marijuana: Next Steps for Landlords”

Banker & Tradesman published “Legalized Marijuana: Next Steps for Landlords” by Paul Bauer, which offers valuable advice for landlords and residents in the wake of the recent marijuana legalization in Massachusetts. Below is an excerpt from the article:

“A residential landlord may have several concerns regarding marijuana use in tenant units. First, a landlord will want to protect its building and unit from damage. In addition, a landlord will want to ensure that one tenant’s use of their unit does not unduly impact other residents in the building. Finally, a landlord will want to ensure it complies with laws and lender and insurer requirements in owning and managing the property.

An individual can consume marijuana by inhaling smoke from burning, inhaling the aerosol from vaporization (“vaping”) or by ingestion. A landlord could conclude that it wishes to ban marijuana possession on its property. While this certainly is a method of protection against violation of federal law, there are several drawbacks.”

Continue to “Legalized Marijuana: Next Steps for Landlords” from Banker & Tradesman.

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Paul C. Bauer

Paul Bauer, Real Estate & Environmental Practice Area Leader, is a lawyer representing businesses, individuals and institutions throughout Massachusetts in sophisticated transactions with an emphasis on big real estate projects and challenging commercial law issues. Paul regularly advises developers, mortgage lenders, tenants and property owners across various industry sectors in complex development, acquisition, financing, business planning and leasing transactions – both public and private – including the biggest lease in the history of Boston at the time.

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Paul C. Bauer

Paul Bauer, Real Estate & Environmental Practice Area Leader, is a lawyer representing businesses, individuals and institutions throughout Massachusetts in sophisticated transactions with an emphasis on big real estate projects and challenging commercial law issues. Paul regularly advises developers, mortgage lenders, tenants and property owners across various industry sectors in complex development, acquisition, financing, business planning and leasing transactions – both public and private – including the biggest lease in the history of Boston at the time.

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