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That during the governor’s press briefing on Thursday, he announced that the eviction moratorium will be extended to the end of the year? The specifics of the next (#5) eviction proclamation will be given on Monday, October 12th.
Tenants cannot be evicted for non-payment of rent, but rent does continue accruing. While there are a variety of federal, state and local programs to assist tenants, those programs are not able to meet demand. Tenants who are unable to pay rent can’t be evicted, but they are unlikely to be able to pay for multiple months of back rent once the moratorium is lifted. If landlords and tenants can’t negotiate a settlement/payment plan, many tenants will lose their housing and landlords will be unlikely to ever recover the lost rental income.
We are here to help you and your clients with all aspects of the rental market. Please contact us for further assistance!
Nothing found herein should be construed as an attempt to offer or render a legal opinion or otherwise engage in the practice of law. You should not rely solely on this information. We encourage our clients to work with a lawyer experienced in commercial and/or residential real estate matters as they can be complicated and confusing.
