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When Disaster Strikes Before Closing: Understanding Risk of Loss and Force Majeure in the FR/BAR Contracts

July 6, 2026 REALTOR® Association of Sarasota and Manatee

Florida weather can be unpredictable. Hurricanes, tropical storms, fires, floods, and other casualty events can create unexpected challenges during a real estate transaction. When disaster strikes between signing the contract and closing, two important questions arise: What happens if the property is damaged, and what happens if the transaction cannot…