Disaster Management Guidance (Commercial Real Property Owners)

Summary

This practice note discusses key considerations for real property owners, managers, and governing bodies in preparing for and responding to both natural and human-created disasters including casualty loss, natural disaster, cyberattack, and criminal or terrorist act. It addresses risk and vulnerability assessment, disaster preparedness, damage assessment, restoration, and post-disaster considerations. This practice note provides guidance to owners, landlords, managers, and governing bodies. The guidance is applicable to commercial real property such as office buildings, retail shopping centers, multifamily apartment buildings, and condominium and cooperative properties (both residential and mixed-use).