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After the Hurricanes: What Can Owners and Tenants Expect?

Lease preservation is the ideal situation, but understanding what your lease says and provides for is key, especially after natural disasters occur, Douglas Wilson Cos.' CEO tells GlobeSt.com.

By Carrie Rossenfeld | carrierossenfeld | Updated on September 13, 2017

Doug Wilson Wilson: “Make sure to the best of your ability you understand the terms of your lease and know what that means if your building is impacted.”

SAN DIEGO—Lease preservation is the ideal situation for owners and tenants after a natural disaster, but understanding what your lease says and provides for is key, Douglas Wilson, CEO of Douglas Wilson Cos., tells GlobeSt.com. Hurricanes Harvey and Irma have brought certain questions to the fore: When things return to some sense of “normal,” will residents of Texas and Florida have workplaces to which to return? What happens if their building is damaged and cannot be occupied?

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