The COVID-19 Pandemic: Impacts on Real Estate Transactions

From the National Law Review:

As the effects of the COVID-19 pandemic spread to every sector of the US economy, construction contractors, landlords, tenants and borrowers are examining their construction contracts, leases and loan documents for provisions that extend times for covenant performance for delays that result from extraordinary or unforeseeable events, often referred to as “Force Majeure” (from the French, “superior strength”) or “Unavoidable Delays.” Read more.

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