Force Majeure


Definition of "Force majeure"

Michelle Baker
Michelle Baker Real Broker LLC

An unpreventable, overwhelming, and irresistible force. It is common to place a force majeure clause in a construction contract to indemnify a construction deadline in the event an act of God should occur which prevents a timely completion of the contract. For example, a contractor places a force majeure clause in a contract for the construction of a building which is to be completed within nine months. Due to an unexpectedly cold winter, the project had to be delayed three months.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ