Jane Helmstadter on COVID-19 and Commercial Real Estate

Jane Helmstadter joins the Commercial Real Estate Podcast to talk about the legal ramifications of the COVID-19 pandemic on commercial real estate in Canada. She also shared her thoughts on what could change in contracts post-crisis. Topics covered include:

• what is force majeure and how it can now come into effect;
• pandemic clauses that we could see in contracts after this;
• an increasing number of people who want their contracts analyzed;
• construction liens getting waived for the time being;
• how registrar’s offices are handling the pandemic and Ontario’s advantage;
• gap insurance on title policies in Canada;
• landlords’ right to termination in these times and options for tenants;
• how most landlords are trying to work with tenants; and
• what can change in the very short-term regarding contracts.