Here’s the latest update about the federal eviction moratorium extension.
In case you’re unaware, the Biden administration extended the federal eviction moratorium until June 30. That means if you have a tenant or resident who makes under $98,000 as an individual or 198,000 jointly filed, then you’re not able to evict them if a few things have happened:
They used their best efforts to obtain federal government assistance.
They’re unable to pay in full.
They can show they’ve had a significant loss of income
They’re using their best efforts to rectify the situation
With that being said, on March 1, the District of Texas ruled one case to be unconstitutional. So several courts are fighting the moratorium, and one won. However, June 30 isn’t too far away, and then you can begin evicting residents again.
The Biden administration extended the federal eviction moratorium until June 30.
Working in property management every day, we’re not seeing massive issues with single-family homes. However, it’s become a problem for some people, so I highly suggest talking to an attorney immediately if it’s an issue for you. You can also call us, and we’ll help you find the right person to talk to about it. Each county interprets the law differently, so you want to get some expert counsel right away.
Plenty of municipalities are providing assistance to people who have lost their jobs. So if you have a resident struggling to make rent because they’ve been affected by the pandemic, ask them to look into the municipalities to see if they can get some assistance.
This is a changing, dynamic topic, so if you have any more questions, just give us a call or visit our website. We would love to help with your property management needs.