Join Real Estate Attorney, Real Estate Mediator and Real Estate Broker, Devin Lucas, discuss Real Estate Cancelations, Deposit Disputes and “Force Majeure” Claims Surrounding Coronavirus. Aka Force Majeure, Civil Code 1511, Act of God, Unforeseen Circumstances, Impossibility of Performance, Commercial Frustration, Frustration of Purpose, and other creative phrasing of the same argument.
1) Can I cancel over Coronavirus (COVID-19)? – including detailed background discussion on existing law as to cancelations within the California Association of REALTORS Residential Purchase Agreement (“RPA”).
2) What is Force majeure? / Civil Code 1511? And does it apply to my real estate transaction?
2) What if I cancel (or keep a buyer’s deposit) anyway?
Visit our website for additional information on Real Estate Mediations: https://lucas-real-estate.com/mediation
Author Devin R. Lucas is a Real Estate Attorney, Broker and REALTOR®, specializing in Newport Beach, Costa Mesa and Orange County coastal communities, serving individual and investors in residential real estate.
Mr. Lucas is a professional real estate mediator available with the California Association of REALTORS® Mediation Center for Consumers.
Mr. Lucas is a property owner, landlord and operates a small, local, property management business.
Lucas Real Estate
Real Estate Law & Transactions
lucas-real-estate.com | firstname.lastname@example.org | BRE 01912302
949.478.1623 office | 888.667.6038 fax
2901 West Coast Highway Suite 200
Newport Beach | California | 92663-4023
| Official Site | LinkedIn | Facebook | Yelp | Avvo | Twitter | Zillow |
——— Disclaimer ———
The content on this blog is for informational purposes only. Nothing on this blog should be construed to be legal advice, and you should not act or refrain from acting on the basis of any content on this blog without seeking appropriate legal advice regarding your particular situation, from an attorney licensed to practice law in your state. The content on this blog is not guaranteed to be correct, complete, or up to date. Devin R. Lucas’ office is in Newport Beach, California and is only licensed to practice law in California. Please be advised that Devin R. Lucas only provides legal services or advice pursuant to a written legal services agreement. The content on this blog is not intended to, and does not, create an attorney-client relationship between you and Devin R. Lucas, nor does our receipt of an email or other communication from you. Some jurisdictions may consider this site to constitute attorney advertising; accordingly, please be advised this is an advertisement.
IRS CIRCULAR 230 DISCLOSURE: To ensure compliance with requirements imposed by the IRS, we inform you that, to the extent this communication (or any attachment) addresses any tax matter, it was not written to be (and may not be) relied upon to (i) avoid tax-related penalties under the Internal Revenue Code, or (ii) promote, market or recommend to another party any transaction or matter addressed herein (or in any such attachment).