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Options for Enforcing Leases in a Time of Pandemic
Landlords are left juggling rent and mortgages as state and local officials shut down businesses and residents are ordered to stay in their homes as part of the nationwide response to the current coronavirus pandemic. As more states and cities impose temporary eviction moratoriums, it is more important than ever for landlords to review their leases and protect their rights if their tenants stop paying rent.
In a recent article with Law360, CGS3’s Jamie Buggybreaks down some of the finer points of eviction moratoriums being imposed across the country, how force majeure clauses may apply differently for residential and commercial leases, and some steps commercial landlords should consider to preserve their rights if a tenant fails to pay rent.
Read the full article on Law360 here (subscription required).