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.
Bennett Jones