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As published in Metropolitan Builders & Contractors Association of New Jersey OnSite Newsletter, July/August 2020 Edition At this time of the pandemic, some of the most impacted areas within real estate and construction are residential purchases and sales and home improvement contracts. Addendums and new contractual provisions are going beyond […]
Blogs , Business/Corporate Law Blog , COVID-19 , Real Estate Blog
As the COVID-19 (“Coronavirus”) National Emergency and Pandemic continues to impact all residents and businesses, there is an area of contract law that will become increasingly important when facing alleged breaches and defaults of contract obligations, and that is New Jersey’s “Implied Covenant of Good Faith and Fair Dealing.” In […]
Blogs , COVID-19 , Real Estate Blog
As a result of the pandemic, current municipal and zoning matters have been significantly impacted by Federal and State Orders for residents to stay home and, consequently, municipal meetings have been cancelled or postponed. This has had a serious impact not only on the residents who volunteer on municipal planning […]
If you are considering the purchase of commercial real estate, either for your business or as an investment, you should include a due diligence period as a crucial element in your negotiations and in the contract. Generally, a due diligence period is the time afforded a purchaser to enter into and […]
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