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Covid Eviction and Foreclosure Moratoriums Continue

May 27, 2021

 

We may be approaching the end of the dark Covid 19 tunnel, as our Covid positivity rate numbers decrease, but the economic effects of Covid 19 felt by tenants and property owners alike will continue for a while.   To help tenants and property owners from being evicted or losing their property, the moratoriums imposed by the Covid 19 Emergency Eviction and Foreclosure Prevention Act of 2020 have been extended until August 31, 2021.  Under this Act, a stay of eviction or foreclosure is available until August 31, 2021 in cases where the tenant or property owner takes the overt act of providing a Hardship Declaration.  Landlords and mortgage holders now have the burden of providing a copy of that Hardship Declaration to the tenant or property owner at the time certain notices are served.

 

 

 

 

 

 

Prior results do not guarantee a similar outcome. All information posted is general advice only, based upon the rules of NYS, and is not intended to be a substitute for personal legal advice. Although information provided here was accurate as of the date of posting, laws change frequently and rules in other jurisdictions may differ. Therefore, readers should not rely upon these postings but should consult an attorney to discuss their specific factual situation.

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