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The Impact of the COVID-19 Epidemic on Property Lease Agreements

君合法律评论  · 公众号  ·  · 2020-02-27 17:35
01The Impact on Rental Payments of Commercial Property Lease AgreementsThe impact of the COVID-19 Epidemic (the “Epidemic”) on commercial properties (hereinafter referred to as “store(s)”) is more obvious and easy to detect as stores are open to the public. Since late January 2020, many local governments have introduced policies to adjust or restrict the operation of public places where people gather, such as cinemas, restaurants, entertainment venues, etc. Meanwhile, quite a few shopping malls have voluntarily adjusted their operational hours to avoid people gathering, in an effort to stop the spread of the epidemic. A lot of stores that are still operating normally have suffered sharp drops in customer flow and income.  Given the unique circumstances, does a tenant have the right to request from the landlord a rent reduction or exemption due to the impact of the Epidemi ………………………………

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