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Insights Real Estate Law

Force Majeure and the COVID-19 Pandemic

March 30, 2020 Real Estate

Uncertain times lead to unanticipated concerns, and we grapple for clarity where none seems to exist. The most obvious question on many agents’ (and clients’) minds is whether the “Force Majeure” provision of the FAR/BAR contract allows a party to cancel. In a word, no, at least not initially. Section…