Roy Oppenheim Discusses COVID-19 & Rental Agreements On Best Lawyers
Mon May 4, 2020 by Oppenheim Law on Contracts
Rent is due again, but with COVID-19 stay-at-home orders, layoffs, and pay cuts continuing to stall the economy and shrink paychecks, many Americans will not be able to make their payments. Phillip Greer, CEO of Best Lawyers, moderates a panel of three real estate lawyers, getting their input on steps both commercial and residential tenants should take if they can’t make rent because of the COVID-19 pandemic fallout.
Roy D. Oppenheim
Founder, Oppenheim Law
Fort Lauderdale, FL
Recognized by Best Lawyers in Real Estate Law since the 18th Edition
He founded Oppenheim Law in 1989 and uniquely positions the Florida foreclosure law firm as one of Florida’s leading boutique law firms in Weston, Florida. With his experience as a successful serial entrepreneur and attorney focusing on Florida foreclosure defense, real estate, loss mitigation, and internet ventures, he has become a frequent contributor to featured Legal Insights on bestlawyers.com. Roy is a sought-after legal expert on issues relating to the real estate crisis and beyond. In addition to his own blog, he also has been a contributor to Yahoo! Homes and featured on HuffPost Live, FOX News, and Lifetime TV.
Nancy A. Park
Partner, Best Best & Krieger LLP
Sacramento, CA
Recognized by Best Lawyers in Real Estate Law in the 26th Edition
Nancy works with clients in both the private and public sectors, focusing on real estate transactions, leasing, finance, and business contracts. Nancy represents real estate entities, lenders and borrowers, landlords and tenants, and large and small businesses, as well as agricultural and healthcare entities. Some of her private clients include institutional asset managers, pension fund advisors, developers, agricultural product processors, ranch owners, manufacturing facilities, movie/television studios, international and regional banks, and nature conservancies. Public clients include cities, counties, special districts, joint powers authorities and hospital districts, among others.
Christopher L. Camarra
Partner, Holland & Knight
Washington, D.C
Recognized by Best Lawyers in Real Estate Law since the 24th Edition
Christopher concentrates his practice in commercial real estate law, including all aspects of real estate acquisition and disposition, development, leasing, managemet, and financing. He represents institutional investors such as life insurance companies, pension funds, real estate advisory groups, real estate investment trusts, and commercial and residential developers in connection with their local and national real estate investments. This representation includes the acquisition and financing of office buildings, shopping centers, hotels, and other investment-grade properties in single-asset and multi-state, multi-property portfolio transactions. A substantial portion of his practice focuses on commercial leasing, and he represents landlords and tenants in leases of office, retail, industrial, and other product classes.
Originally Posted At: https://www.bestlawyers.com/article/rent-during-covid-19/2965
Communication is going to be number 1 in these negotiations between tenant and landlord. I’m concerned that in states that are waiting to “open” landlords will also need their income for taxes, upkeep, insurance, and other bills they need to pay.
Thanks for the input!