(Please pardon the literary license if this week – and next (spoiler alert!) – I lower the ‘fourth wall’ and refer to myself in the first person. Doing that is necessary here.)
This past week, I was interviewed by my friend and colleague John VanDuzer, CPA of the James Moore & Co. accounting firm. John hosts a highly regarded series of business interviews on his firm’s YouTube channel. I was delighted when he asked me to participate in a session entitled, “Real Estate Industry Update: Legal Considerations”. Watch our recorded conversation on YouTube
The following is a ‘heads up’ on the real estate industry topics we discussed. Giving credit where credit is due, here is John’s list:
- Commercial Real Estate Sales
o For transactions in the pipeline as of March, did a good percentage of those deals go through?
o For the ones that didn’t go through what were the general sticking points?
o Any changes to provisions in purchase agreements as a result of COVID?
o What areas should buyers pay special attention to during due diligence?
o Any issues with financing?
- Commercial Real Estate Leasing
o Any new trends in leasing?
o Can you explain in general what a force majeure clause is? (Note: We also talked about the related topic of business interruption insurance coverage.)
o In what ways have you seen landlords working with tenants?
o What steps can a landlord take if a tenant is unable or unwilling to pay rent?
- Residential Real Estate (single and multi family)
o Any general trends or changes in residential real estate sales?
o Any trends or changes to leasing?
o What can a landlord do to protect themselves given that there is a moratorium on evictions?
(A lot of ground covered in about 30 minutes.)
Now the spoiler alert: Next week the recording of our conversation regarding business matters will be released. ‘Til then…
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– For more information, call Philip N. Kabler of the Gainesville, FL office of Bogin, Munns & Munns at 352.332.7688, where he practices in the areas of business, banking, real estate, and equine law. He has taught business and real estate law courses at the University of Florida Warrington College of Business Administration and Levin College of Law and is the President-Elect of the Eighth Judicial Circuit Bar Association.
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