Even before the Quarantine lifestyle that so many Americans currently endure, video conferencing and remote working were both growing in popularity. Video conferencing is now in widespread use, from celebrities hosting shows and performing table reads to teachers educating their students and managers meeting with their teams — it’s a veritable golden age for videoconferencing. […]
Before COVID-19 hit, most people couldn’t tell you the definition of a force majeure clause. Simply put, a force majeure clause excuses a party from performing under a contract, if their performance becomes implausible or impractical, because of some unforeseen or unanticipated event. These uncontrollable events are also known as “Acts of God”. Parties often […]
The Covid-19 coronavirus pandemic has caused Realtors to quickly pivot and adapt the way they do business. Specifically, agents have been forced to rethink how they show real estate. Showings were halted after the issuance of Governor Newsom’s March 20, 2020, stay at home order – sending the real estate industry into a tailspin. The […]
As the COVID-19 crisis began in California, concern grew among lawmakers of potential widespread evictions due to the potential economic ramifications created by the virus. State and local governments were directing individuals to stay at home and encouraged social distancing. These state and local directives would necessarily impact businesses that relied on people to congregate […]
With the beginning of another week living “Safer at Home”, the California Association of Realtors (“CAR”) released the “Coronavirus Addendum or Amendment” (CVA). This is an update to the Coronavirus Addendum/Amendment released last week. CAR also released a companion document entitled “Notice of Unforeseen Coronavirus Circumstances” (“NUCC”). Recently, we discussed the CVA and addressed its […]
Over the course of the last two weeks, our lives have drastically changed. The emergence of the worldwide Coronavirus pandemic has created uncertainty in the economy not seen in years. It was inevitable that this uncertainty would present itself in the real estate industry. Like most brokerages, we have seen our share of listings canceled, […]
Unless you’ve literally been living under a rock or “off the grid,” you’ve heard about how Coronavirus (COVID-19) has been spreading across both the United States and the World. From the stock market crashing and halting all trading for a 15-minute period this morning, to talks in the NBA about playing basketball games without fans […]
