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Property Management Blog

This month's article: "The Legalization of Marijuana - and the Landlord."

Web Admin - Friday, July 29, 2016

Colorado and Washington state have already legalized marijuana and activists in California, Nevada, Arizona and a number of other states will be next on the list most likely.  When will Florida join the list of states that have legalized marijuana?

As a landlord you will have to consider how this will affect your rental property and your leasing practices.  If pot becomes legal in your state, will you be able to prohibit marijuana consumption in your property?  Colorado and Washington rental property owners are facing those questions now.

With marijuana illegal at the federal level (and assuming your lease has a provision prohibiting illegal activity in your property), you probably do not have anything to concern yourself now with. But as more state legalize pot, you may want to consult with an attorney when your lease is prepared regarding prohibiting smoking pot in your property.  Standard language regarding no smoking is a start.   The discussion might be more complicated regarding edible marijuana.

Times are definitely changing.

Good luck.

Want more helpful tips about rental properties, click here http://www.407rentals.com/property-management-blog for our blog.

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If you know someone who has a rental property and needs leasing and/or property management help, have them call us 407-434-9173.

Thanks,
Jason 'Jay' Myers
Orlando Realty & Property  Management
708 E. Colonial Dr., #201, Orlando, FL  32803
Office:  407-641-5049   Fax: 407-429-3857
orpm@407rentals.com www.407rentals.com
Our website in Spanish www.407alquilar.com
Download our www.orpmBROCHURE.com
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Future Tenants: 813-575-2052
Owners/Tenants: 813-575-2001

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