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Commercial Brokers Association 2020 ALL RIGHTS RESERVED CBA Form FMA Force Mature Addendum Rev. 7/2020-Page 1 of 1FORCE MATURE AND CLOSING ADDENDUM TO PURCHASE & SALE AGREEMENT The following is part
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To fill out FMA - force majeure, follow these steps:
02
Begin by providing your personal information such as name, address, and contact details.
03
Specify the date of the force majeure event. This could be a natural disaster, political unrest, or any other unforeseen circumstance.
04
Describe the impact of the force majeure event on your ability to perform contractual obligations in detail.
05
Include any supporting documents or evidence such as photographs, news articles, or government notifications.
06
Clearly state the remedies or relief sought due to the force majeure event.
07
Sign and date the FMA - force majeure form.
08
Submit the filled-out form to the relevant party or authority responsible for handling force majeure claims.
09
Keep a copy of the filled-out form for your records.

Who needs fma - force majeure?

01
FMA - force majeure is needed by individuals or organizations who are party to a contract and are unable to fulfill their obligations due to unforeseen circumstances beyond their control.
02
This could include businesses affected by natural disasters, suppliers impacted by political instability, or individuals facing personal emergencies.
03
It is important to consult the specific contractual terms and conditions to determine if force majeure clauses are included and how they apply in each case.
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Force majeure is a clause in a contract that allows either party to suspend or terminate performance of its obligations when certain circumstances beyond their control arise, making performance inadvisable, commercially impracticable, illegal, or impossible.
Any party to a contract that is unable to fulfill its obligations due to unforeseen and uncontrollable events may be required to file a force majeure claim.
Filling out a force majeure form typically requires providing details of the uncontrollable event, its impact on the ability to fulfill obligations, and any supporting documentation.
The purpose of force majeure is to provide legal protection to parties in a contract when they are unable to fulfill their obligations due to unforeseen events outside of their control.
Information such as details of the triggering event, the impact on contractual obligations, efforts made to mitigate the effects, and any supporting documentation may need to be reported on a force majeure form.
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