As the consequences of the COVID-19 pandemic are felt far and wide in both our private and professional lives, the Real Estate Group at Riker Danzig is actively monitoring the latest developments for our diverse clientele:
- Navigating transactions through title, recording and bank closings; relaxed notary requirements
- Governmental closings effects on approvals: contract contingencies; virtual options
- Financing: availability of funding and closing the transaction
- Federal and state regulatory changes regarding evictions, foreclosures and utility service
- Latest developments in common law principles of impossibility or frustration of performance
- The applicability of “force majeure” or like provisions
Please
contact Nicholas Racioppi, Jr. or any
member of Riker Danzig’s Real Estate Group
with questions regarding these issues.
Please
visit Riker Danzig’s COVID-19 Resource Center to
stay up to date on all related legal issues.