Such eventsare often addressed by a “Force Majeure Clause” allowing a party to suspend or terminate performance when circumstanceswhich the parties could not have anticipated, or which are beyond their control make performance of the contract impossibleor impracticable.The current world-wide Coronavirus (COVID-19) pandemic has had unprecedented impacts on real estate transactions,including, but not limited to, travel restrictions, self-imposed and governmentally required isolations, and closures of bothgovernmental and private offices required to fund, close and record real estate transactions.Accordingly, in the event complying with the Close Of Escrow is not possible or practical as a result of unforeseen circumstancesrelated to the COVID-19, such as Buyer’s or Seller’s inability to travel to sign documents, closings of or delays in relatedgovernment and business services, including for example delays by or closing of lenders, title/escrow, county assessor/recorder, or otherwise (hereinafter “Unforeseen Circumstances”) the Parties Agree as follows.

Having the ability to control your everyday life is one of the best and amazing feelings, and its by these risk we take that allow us to obtain this.     

That’s why many experts are targeting June as the projected end date or control date.  

They’re overwhelmed with refi and trying to control the influx of business.

Esp since I have a property whose lease ends this summer, and I'm not sure how easy it will be to show if this doesn't get under control in the near future.

I have a couple of properties out of state and I've recently changed my perspective a bit on them as I've felt a lack of control.

I suspect this wouldn't be covered because COVID is an "act of God" meaning it is outside anyone's control, just like a hurricane or earthquake.

My wife and I have w-2's and we are teleworking, thank God.If things continue to go sideways, then I have 2 inherited, rent controlled units who may fall behind.

McCarren airport has closed its control tower.. 

Our MLS also just released a specialized addendum adding flexible closing dates should it be required due to circumstances outside of anyones control (i.e. shutting down recording offices, etc. because of the virus).