Ireland Update - Covid-19: Commercial Leases

The Covid-19 crisis is upon us but what does this mean in terms of legal responsibilities relating to a business property? When considering the implications of the current Covid-19 public health crisis from a property perspective as either a landlord or a tenant, the lease should always be the starting point. It governs the contractual relationship between the parties and, pending the enactment of specific legislation altering the contractual obligations of the parties, the contractual provisions of the lease shall prevail.

Some of the key lease provisions likely to come into sharp focus resulting from the forced closure of non-essential businesses are the rent and keep open clauses.

 

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