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Any statements contained herein do not constitute a formal legal opinion and should not be relied upon as such. These articles are intended for general informational purposes only. Nothing expressed shall be grounds for the creation of an attorney-client relationship. Our attorneys can give legal advice only in the context of an attorney-client relationship after a conflict check, the execution of a representation agreement and a discussion of the specific information and unique issues of your particular circumstances.
Damage and Destruction Clauses and Force Majeure Clauses in Commercial Leases
Following the devastation caused by Hurricane Helene in western North Carolina, many landlords and tenants will be consulting their written leases to see what will happen to their business premises and property in the next days, weeks, and months. Commercial leases often have damage and destruction clauses that specify what happens to the landlord and tenant in the event that something goes wrong and affects the property.