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Mold in Florida Real Estate
If you own property in Florida, you know that the potential for mold is a constant threat. While not all mold is deadly, removal and cleanup can be a costly process.
Many commercial leases fail to provide for specific clauses addressing mold. If you do not address mold prevention and removal with your tenants during the lease-signing, you can leave yourself wide-open to liability should mold be discovered in your property.
How to Address Mold in Your Commercial Lease
For this edition of Lawfare, we have attorney Rob Gidel join us to talk us through the nuances of addressing mold in your commercial lease and how to navigate potential areas of liability.
You’ll remember Rob from past episodes in which we’ve discussed areas ranging from 1031 Exchanges and net lease investments, to building a successful partnership with your real estate attorney.
In this episode, Rob gives us an overview on the issue of mold in commercial leases and touches on specific points commonly contained within them such as:
- Tenant remediation
- Definition of hazardous materials
- Continuous operation clauses