New York State’s eviction moratorium law has been in place since March 2020. After twenty months and two extensions, the eviction moratorium law in now scheduled to expire on January 15, 2022.
On the heels of the eviction moratorium expiring, Jaime Michelle Cain will be conducting a Real Estate Roundtable at 2:00 PM on Monday, January 17th. This virtual event will address a number of issues property owners now face.
Topics for January 17th’s Real Estate Roundtable Include:
The Eviction Moratorium Period and Legal Options to Recover Losses: Property owners suffered significant losses during the eviction moratorium period. We will outline legal action that has already been taken and steps property owners can now take as the moratorium has expired.
Consequences of ERAP Reopening: The Emergency Rental Assistance Program (ERAP) recently reopened its portal to applicants. We will discuss how the reopening of ERAP may impact eviction cases and if property owners can legally challenge the obstacles caused by ERAP.
Potential Impact of Good Cause Evictions Legislation: The proposed Good Cause Eviction bill would preclude property owners from being able to evict tenants without a lease unless the landlord can demonstrate “good cause” for the eviction. We will exam where the legislation stands and steps that can be taken to address the potential consequences of the law.
Tenant Safe Harbor Act: New York State’s Tenant Safe Harbor Act was instituted protect tenants from eviction for nonpayment of rent during the COVID-19 pandemic. We will explore the role the Tenant Safe Harbor Act plays now, as the eviction moratorium has expired.
Your Questions: The Real Estate Roundtable is an opportunity for you to ask questions and exchange ideas with your peers.