Shadow of COVID-19 continues to loom over real estate markets, leaving lenders, property owners and landlords in difficult position.
Applying lessons learned from the 2008 economic crash, mortgagees may want to consider challenging property tax assessments during pandemic crisis to protect the value of their collateral.
Under Michigan law, landlords may be able to recover future damages after a tenant vacates leased premises, even if the lease does not include an acceleration clause.
Three well-established legal doctrines may impact the enforceability of your contracts during an event like the ongoing coronavirus pandemic.
- Commercial Liability
- Commercial Real Estate
- Commercial Leasing
- Business Risk Management
- Business Torts
- Civil Litigation
- Real Estate
- Real Estate Mortgages
- Commercial Loans
- Alternative Dispute Resolution (ADR)
- Mortgage Foreclosure
- Damages Recovery
- Shareholder Liability
- Tax Law
- Risk Management
- Fraud Activity
- Cyber Attack
- Class Action
- Product Liability
- Biometric Data
- Banking Law
- Statute of Limitations
- Noncompete Agreements
- Internet Law
- Consumer Protection
- Residential Liability
- Zoning and Planning
- Department of Education (DOE)
- Fair Debt Collection Practices Act
- Fair Credit Reporting Act
- Unfair Competition
- Uniform Commercial Code (UCC)
- My 5 Lessons Learned from the COVID-19 Pandemic
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- No Light Yet at End of COVID-19 Real Estate Tunnel
- When are Clear, Unambiguous Contracts Nonetheless Ambiguous?
- What the Future may Hold for Michigan Real Estate Foreclosures and Evictions
- The Dispute Subject to Arbitration, or is it? Who Decides?
- Illinois Supreme Court Slams Courthouse Door on Non-residents' Product Liability Claims Against Non-resident Defendants for Injuries Suffered Outside State