LEASE CHALLENGES DURING THE COVID-19 PANDEMIC – PART 3

LEASE CHALLENGES DURING THE COVID-19 PANDEMIC – PART 3 Landlord Discussion Once tenants have taken the necessary steps to prepare, they should contact the landlord or engage an advisor to act as mediator.  Tenants should be as transparent as possible about the state...

LEASE CHALLENGES DURING THE COVID-19 PANDEMIC – PART 2

Prepare Insurance coverage may provide tenants with recourse during the pandemic.   An insurance carrier can quickly determine grounds for a claim. However, the insurance industry took significant steps to revise policy coverage after the SARS outbreak in 2003, so...

LEASE CHALLENGES DURING THE COVID-19 PANDEMIC

What should tenants be doing with existing leases or renewals now?  Real estate expenses are one of the largest components of cost structure in most companies today. Here are important considerations to help develop a cohesive strategy for cash preservation while...