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Tag: force majeure

Commercial Leases: Will a Force Majeure Clause Get You Out of Paying Rent?

Mon Apr 27, 2020 by on Contracts

Commercial Leases: Will a Force Majeure Clause Get You Out of Paying Rent?

During this COVID-19 crisis, force majeure clauses in commercial real estate contracts are a hot topic in real estate.  A force majeure clause excuses a party from performing a contractual obligation due to an unforeseen event beyond a party’s  control. While force majeure events  have generally included wars, weather disasters, terrorism, and government action, Florida courts, in the time ahead, […]

COVID-19: Force Majeure Clauses in Contracts

COVID-19: Force Majeure Clauses in Contracts

Since the onset of the Coronavirus, business as we know it has changed. The pandemic has created all sorts of monumental disruptions in business as cancellations and delays have affected all sorts of industries: hotel, travel, events, professional sports tournaments, concerts, and real estate closings. Questions arise as to whether underlying contracts provide for a party who cannot fulfill the […]