Legal & ownership
Force majeure clause
Contract language covering volcanic, seismic, epidemic, or government closure scenarios—read before counting decades of yield.
A force majeure clause spells out what happens when neither party can perform because of extraordinary events—volcanic ash, major earthquakes, maritime closures, nationwide health mandates.
For hospitality leases, clarity beats optimism: payment suspension, insurance triggers, and termination rights should be explicit.
See also: Knowledge base