“No lease or grant of any town or city lot, which reserves any rent or service of any kind, and which provides for a leasing or granting period in excess of 99 years, shall be valid.”
Force Majeure Provision in a Lease Does Not Apply When Tenant Has Financial Ability to Pay – Covid-19
July 10, 2023by admin
Force majeure provision in a Lease Does Not Apply where a Commercial Tenant Has the “Ability” To Meet Its Contractual Obligations But Choses Not to Perform Due To “Financial Constraints” Caused By Covid-19 And Government Regulations.
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