Is base rent for commercial real estate contracts due given the coronavirus crisis and government mandatory stay in place restrictions? Is Force Majeure a get out of rent payment escape card? Are there any other commercial lease provisions that tenants can turn to for rent relief?
In today’s podcast, attorney Eric Coffman joins Jorge Morales to review tenant options and specific covenants in typical commercial leases involving payment of rent. Lease provisions discussed include: Force Majeure, Quiet Enjoyment, Interruption of Services and Emminent Domain.
Tune in and hear from an expert attorney in contract law. Eric Coffman can be reached at ecoffman@dmbblaw.com.
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The Don’t Sign the Lease Podcast is a resource of https://dontsignthelease.com/. Pick up a copy of Jorge commercial real estate guide for business owners and would be commercial realtors entitled Don’t Sign the Lease! The Tale of a Triumphant Business Owner. Now more than ever, business owners need to understand commercial real estate.
Jorge Morales is President of Blue Box Real Estate, a South Florida commercial real estate firm that specializes in Landlord Advisory Services and Tenant Advisory Services. Please visit https://blueboxre.com/.
Blue Box Real Estate, LLC is a Lic. Real Estate Broker.