Thursday, April 9, 2020
Presentation and Q&A Session
Lee Dresie, Partner and real estate specialist at Greenberg Glusker and long-time AIR CRE Legal Advisor to the Board of Directors, discusses legal issues facing landlords, tenants, buyers and sellers as a result of the coronavirus pandemic.
- Do tenants have the ability to use contractual or statutory Force Majeure provisions in connection with the coronavirus crisis?
- If a buyer cancels an escrow as a result of coronavirus fall-out, do they have the ability to recover deposits and liquidated damages?
- What rights and obligations do tenants and landlords have relative to rent reductions, deferrals or abatements in light of the crisis and governmental lockdown mandates?
- The courts are operating at reduced capacity. How does that affect the enforcement of real estate contracts?