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The Covid pandemic will have a lasting impact on lease negotiations from this point. Ty West, senior editor of national content at
American City Business Journals, published an interesting
article on the topic on May 3, in which he makes the following points regarding the lease terms most likely to be focused upon by landlords and tenants as a result of the pandemic:
Force Majeure. This was the go-to clause for everyone when the government shutdowns began. For the most part, they did not offer much help. Pandemics and government shutdowns will be more carefully vetted in future clauses.
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