Business owners should review their contracts and take steps to assure that contract notice provisions include options that will reach the business during a period of mandatory seclusion.
Read MoreThroughout the nation, businesses and real estate owners are facing financial challenges due to coronavirus. If the businesses aren't closed altogether, they may have fewer customers and lower profits, if any. And there are the additional out-of-pocket costs associated with combating COVID-19. In some instances, business interruption insurance or contract risk allocation language may provide relief from COVID-19 financial losses.
Read MoreMarket changes and governmental requirments due to coronavirus may trigger contract force majeure provisions and excuse parties from contract performance.
Read MoreOn March 4, 2020, the Securities and Exchange Commission (SEC) proposed a new rule, which would clarify and harmonize integration concepts for several types of exempt offerings. The new rule also would shorten the safe harbor in Regulation D from six months to 30 days
Read MoreLike all businesses, commercial real estate owners should educate themselves and do what they can to minimize the risk of COVID-19 to their employees and tenants.
Read MoreMany commercial real estate leases contain tenant relocations, which allow the landlord to require that the tenant move to a different rental space.
Read MoreTenants should educate themselves about how rent is calculated to assure that they enter into a lease that best meets their business needs.
Read MoreAccessory dwellings can both benefit homeowners and provide much-needed moderately-priced housing, but they raise concerns about overcrowding. Montgomery County, Maryland has attempted to address these competing concerns in a new accessory dwelling unit ordinance.
Read MoreA letter of intent can help a landlord and tenant make sure they agree to fundamental lease terms before taking the time and incurring the expense of preparing and negotiating a lease.
Read MoreThe implied covenant of good faith and fair dealing exists, at least to some extent, in every state's law. Yet, parties often do not consider the implied covenant's impact when negotiating and performing contracts.
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