Industrial Leases: A common industry form (the AIR form of commercial leases) does not contain a force majeure clause. One reason for this is because the document as pre-written requires tenants to carry business interruption coverage (discussed below). As noted below, however, the absence of a force majeure provision does not necessarily mean landlords and tenants are without protection from or remedies for injuries due to COVID-19.

Commercial Leases and Sales Agreements in the Age of COVID