Florida Keys Real Estate News

Florida Keys Real Estate Contracts during Hurricane Irma

September 14th, 2017 9:38 AM by Claire Johnson

Hurricane Irma has just paid a visit to Florida, impacting the area that I call home ~ the Florida Keys. My family and I held strong to our word, that we would not ride out any storm over 100mph winds ~ and so we left to stay with family in the center of the state. We did receive word that our house faired the storm well and have been in contact with many of our friends back home. My husband left this morning to head back home, with a Uhaul and supplies, to help our neighbors. The Upper Keys will be back in full swing in no time ~ we continue to pray for the middle to lower Keys. The Keys are strong and this is the time when you understand what it is like to be a "local" in a tourism filled industry. This is why I love my community!

With all the recovery that is taking place in the Florida Keys, there is still business that needs to be addressed. That is what has prompted me to write during this time. If you have a real estate deal in the Florida Keys (or in the state of Florida) there is a provision in the contract that addresses such an issue. The section is called "Force Majeure" which refers to an Act of God.

Force Majeure (French for “superior force”) is a contract provision that relieves the parties from performing their contractual obligations when certain circumstances beyond their control arise, making performance inadvisable, commercially impracticable, illegal, or impossible.

I am addressing this because Realtor's have a fiduciary responsibility to their customers. Review your contract and read the clause in its entirety. There are many places that are still without cell service, internet or utilities ~ being able to contact your Realtor might be a temporary set back. Hope this helps.

Please continue to pray for the areas affected by Irma and it is not just in Florida.

Posted in:Florida Keys Real Estate and tagged: islamorada real estate claire johnson islamorada homes for sale islamorada key largo real estate key largo homes for sale key largo coastal realty of the florida keys hurricane irma

Posted by Claire Johnson on September 14th, 2017 9:38 AM

Florida Keys Real Estate News

Florida Keys Real Estate Contracts during Hurricane Irma

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