The current COVID-19 pandemic has created various lease issues for nonprofits, both as landlords and tenants. An analysis of these issues requires particular attention to the express terms of the lease and the facts of the leasing relationship. During this presentation, we will look at COVID-19 leasing issues including:
• What to look for in your existing lease.
• What happens if your landlord goes out of business?
• What options does a nonprofit landlord have if their residential tenants are no longer paying rent?
We will also share practical legal considerations for lease agreements moving forward in an environment that is quickly evolving and filled with unknowns.
Speaker: Parker Stephens, Associate at Morris Manning & Martin