If you bought a house before the coronavirus crisis hit, don't expect force majeure to save you

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Real estate transactions, even at the best of times, are complicated and stressful for buyers and sellers.For the thousands of people who made or received firm offers before the coronavirus outbreak changed everything — and who are now left wondering whether their deals will close in the weeks or months to follow —  the anxiety level is even greater.

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Original Article Source Credits: business.financialpost, https://business.financialpost.com/

Article Written By Murtaza Haider and Stephen Moranis

Original Article Posted on : March 28, 2020

Link to Original Article: https://business.financialpost.com/real-estate/mortgages/if-you-bought-a-house-before-the-coronavirus-crisis-hit-dont-expect-force-majeure-to-save-you