From new Force Majeure clauses to Waivers of Liability, will contracts ever be the same?

 

Real estate contracts are being changed in many ways to address possible liability due to the pandemic:

 

– Force majeure clauses to ensure ‘disease’ is covered
– Waiver of liability for home tours
– COVID clauses and more

 

Here are Joe’s links to read about the changes and how some are capitalizing on them:
 
Watch Out For The “Corona Clause” Being Added To Real Estate Contracts

Forbes.com

COVID-19 Guidance for Real Estate Professionals

RECBC.ca

The Current Real Estate Covid-19 Legal Situation

KahaneLaw.com

When God Appears in Contracts, That’s ‘Force Majeure’

Bloomberg.com