The COVID-19 pandemic is certainly unprecedented, but is it considered, legally speaking, an "act of God"? Here, Juana Watkins, Florida Realtors Vice President of Law and Policy & General Counsel, takes a look at how a court may rule on real estate disputes that arise from transactions during this time. Learn more at: Chapter 1 – Introduction Timecode = 00:00
Chapter 2 – What does the “Force Majeure’ clause do? Time code 04:19
Chapter 3 – Do all Contracts contain a “Force Majeure” clause? Time code 05:15
Chapter 4 – Are all “Force Majeure” clauses the same? Time code 05:39
Chapter 5 – Is the pandemic an Act of God as written in the clause? Time code 06:12
Chapter 6 – Do courts often allow “Force Majeure” to overcome contractual obligations? Time code 07:32
Chapter 7 – Does “Force Majeure” apply to stories coming into Legal Hotline Time code 07:49
Chapter 8 – Could other sections of the contract come into play? Time code 08:59
Chapter 9 – Are there other similar legal theories that can apply to a party who is unable to perform?
Time code 10:00
Chapter 10 – What is the Impossibility of Performance? Time code 10:27
Chapter 11 – What is Frustration of Purpose? Time Code 12:37
Chapter 12 – How likely is a defense using these theories? Time code 13:28
Chapter 13 – What happens to the escrow deposit if a buyer doesn’t close due to COVID-19 Timecode 14:05
Chapter 14 – President Barry’s closing remarks Time code 15:43
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