In commercial contracts for energy industry operations there is reasonably prudent operator standard and the good and workmanlike standard. We are seeing cases where there is interchangeability of a reasonably prudent operator standard with a good and workmanlike standard.
The standard of care is an important provision in any operating, management or services agreement because it sets forth the expectations of the parties as to how the contract should be.
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Staff Report
A private residential community just outside of the Lake Tahoe Basin enjoyed a record-breaking sales year in 2020.
A view of the valley and surrounding mountains from a tee box at Clear Creek Tahoe.
Bill Rozak / Tahoe Daily Tribune
Clear Creek Tahoe, located on the eastern slope of the Carson Range, just over Spooner Summit off U.S. Highway 50, sold 14 new homes and 99 home sites totaling more than $116,000,000.
“We’ve continued to see a steady stream of leads, referrals and sales with no slowdown in sight, despite the current state of affairs,” said Georgia Chase, director of sales at Clear Creek Tahoe, in a press release. “Clear Creek Tahoe offers buyers a peaceful respite that the whole family can enjoy, serving as an ideal home base. With work from home allowing for greater flexibility in where buyers can live full-time, we anticipate demand continuing as blended indoor-outdoor living and access to nature becomes a priority for those seeking a new home.