residential leases – Coronavirus (COVID-19)

August 7, 2020August 31, 2020 by Duane Morris

New Jersey Makes $25M CARES Funds Available for Certain Small Landlords

On August 7, 2020, Governor Murphy announced the Small Landlord Emergency Grant (SLEG) Program, which will reimburse small residential rental property owners for lost rent revenue due to COVID-19 between April and July 2020. The program is structured to pass the benefit on to their tenants by requiring forgiveness of certain outstanding back rent and late fees. The rent forgiveness is in exchange for landlords receiving these funds from the state

To read the full text of this post by Duane Morris partner Brad Molotsky, please visit the Duane Morris Project Development/Infrastructure/P3 Blog.

August 3, 2020August 31, 2020 by Duane Morris

Philadelphia Extends Residential Eviction Moratorium through March 15, 2021

As of July 31, 2020, Philadelphia City officials have extended the City’sresidential eviction moratorium in Philadelphia until March 15, 2021.

To read the full text of this post by Duane Morris partner Brad Molotsky, please visit the Duane Morris Project Development/Infrastructure/P3 Blog.

May 8, 2020September 1, 2020 by Duane Morris

Pennsylvania Extends Eviction and Moratorium Protections for Residential Transactions through July 10

Governor Tom Wolf was joined by Attorney General Josh Shapiro to announce that he signed an executive order that protects Pennsylvanians from foreclosures or evictions through July 10. The action builds on a Pennsylvania Supreme Court order which closed court eviction proceedings until May 11 and ensures no renter or homeowner will be removed from their home for 60 more days.

To read the full text of this blog post by Duane Morris partner Brad Molotsky, please visit the Duane Morris Project Development/Infrastructure/P3 Blog.

April 29, 2020September 1, 2020 by Duane Morris

New Jersey Executive Order 128: Security Deposits May Be Used for Rental Obligations

Late last week (April 24, 2020), NJ Gov. Murphy signed Executive Order No. 128 (“EO”). The EO takes effect immediately and will remain in effect until the end of the public health emergency established by Executive Order No. 103 (2020). The EO applies in the context of residential leases (not commercial leases) and allows residential tenants to use their security deposit for the payment of rent.

To read the full text of this post by Duane Morris partner Brad Molotsky, please visit the Duane Morris Project Development/Infrastructure/P3 Blog.