Real estate and Covid-19: the questions we are being asked in England
26 March 2020
Please note elements of the attached are now out of date, please see latest article here.
This note discusses a number of issues and queries that are arising in the commercial real estate investing and lending markets in England as a result of the Covid-19 coronavirus pandemic.
It is a generic discussion of those issues, but each issue discussed is usually the subject of extensive negotiation when it comes to documentation. As a result, the terms and conditions of any sale and purchase/construction/lease/finance document (as applicable) should always be considered in the context of the particular document in which they are found and the specific facts and circumstances of the relevant deal.
As such, this note provides only a general analysis of issues likely to arise and it does not provide legal advice.