COVID-19 Real Estate Law Attorneys
Handling Complicated Legal Disputes for Clients in New Jersey
At M. Ross & Associates, LLC, our team of experienced lawyers recognize that there are significant legal ramifications of COVID-19 as it relates to existing obligations for your business. Whether you are a party to a commercial lease, a property owner subject to payments of a commercial mortgage, or an investor with ongoing real estate transactions, the immediate changes to the way we are being forced to conduct business is causing a host of legal challenges that may not have previously existed Although we are currently living in an uncertain time, our New Jersey real estate attorneys are more committed than ever to providing the dedicated and reliable legal service that our clients have come to expect from us. Let us help you navigate these novel contractual issues and work on your businesses’ behalf to mitigate damage and liability.
We are here if you need comprehensive legal adviceto represent your business and identify the risks associated with any of the following real estate law matters that might be impacted by the COVID-19 pandemic:
Commercial Property Closures
With the state going into a general quarantine, commercial property owners may need to prevent access to space leased to tenants to comply with Health Guidelines. The consequences of closing or blocking access will vary from contract to contract. Contact us today to determine if your business is protected from its obligations whether it be a lease or mortgage, during a pandemic like COVID-19.
New Real Estate Leases & Construction
Are you currently a party to a commercial lease agreement? Are you a property owner with mortgage obligations? No matter what side of the equation, landlords and tenants alike are being faced with sudden legal challenges due to COVID-19? Perhaps you are a contractor or subcontractor for a particular project and you can no longer offer your services? Our firm is here to provide legal counsel to property owners, developers, tenants and contractors who are wondering whether there are provisions in their commercial contracts, leases and mortgages, that can be invoked to stave off performance obligations.
Whether your real estate transaction or construction project can’t be completed because of restrictions on importation of materials or because social-distancing requirements have forced a delay in performance, our team is equipped to use our full resources to find a legal solution to mitigate loss and liability
Current Real Estate Transactions
If you were planning to purchase a commercial property, you are likely considering what effects the response to COVID-19 will have on obtaining loans and closing deals that might be impacted by travel bans, self-quarantines, or closures. Sellers of commercial properties are likely wondering what the protocol is for disclosing information regarding tenants or employees who have been diagnosed with COVID-19 or areas in the building that may have been affected by the virus. A rent roll may be in jeopardy because of COVID-19 and this could be problematic in the sale of a commercial income producing property. Our knowledgeable legal professionals can review your concerns and come up with a legal strategy to address transactional issues that have become more complicated due to COVID-19.
Protect Your Real Estate Investment During This Crisis
M. Ross & Associates, LLC is committed to providing prompt, cost-effective, and thorough real estate advice to guide our real estate clients during this unprecedented time. Although you may currently be forced to stay in your home, know that our law firm is capable of delivering the comprehensive legal services you need to protect your legal interests during this pandemic. Whether you need to hold another party to its contractual commitment or get a clear picture of the current market conditions, we will be in your corner each step of the way to help you make informed decisions.
Do you need legal advice regarding a real estate matter that has become more complicated because of the government’s response to COVID-19? Then please give us a call today at (201) 897-4942 to schedule a virtual consultationwith a lawyer at M. Ross & Associates, LLC.