COVID-19: Key Considerations for Commercial Landlords and Tenants | Practical Law

COVID-19: Key Considerations for Commercial Landlords and Tenants | Practical Law

State and local governments are mandating reduced operations or closings for businesses across the country leaving commercial landlords and tenants scrambling to understand their rights and liabilities. This legal update discusses common lease obligations that may be impacted by business interruptions or closures relating to COVID-19, including some specific guidance for retail and restaurant leases, and suggests steps parties may take now.

COVID-19: Key Considerations for Commercial Landlords and Tenants

Practical Law Legal Update w-024-6482 (Approx. 7 pages)

COVID-19: Key Considerations for Commercial Landlords and Tenants

by Practical Law Real Estate
Law stated as of 27 Mar 2020USA (National/Federal)
State and local governments are mandating reduced operations or closings for businesses across the country leaving commercial landlords and tenants scrambling to understand their rights and liabilities. This legal update discusses common lease obligations that may be impacted by business interruptions or closures relating to COVID-19, including some specific guidance for retail and restaurant leases, and suggests steps parties may take now.