Branch Conner Realty

🛌 3 🛀 1 🚘 1
📍 806 Florida Ave, St. Cloud, FL, 34769

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SL3381591
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Are you Purchasing or Selling a home during a natural disaster in Florida?

Natural Disasters or Force Majeure is A situation that is an unforeseeable and unavoidable event that prevents someone from fulfilling a contract or obligation. Examples of force majeure events include Hurricanes, Floods, Extreme Weather, Earthquakes, Fires, or other acts of God, unusual transportation delays, wars, insurrections, civil unrest, acts of terrorism, governmental actions and mandates, government shutdowns, epidemics, or pandemics; As Outlined in Section G. of the FAR/BAR AS-IS Contract.

When a force majeure situation occurs, it is often out of the control of those involved and can lead to the cancellation or postponement of a closing. The purpose of force majeure contract clauses is to allocate the risk of such events between the parties involved. There are two timelines in the FAR/BAR AS-IS Contract to determine when closing can occur after an event has passed.