What do you need to know about the Governor’s new proclamation?
1. This applies to residential, commercial and mobile homes.
2. Remove any late fees or other charges for non-payment of rent after February 29, 2020.
3. Return holding fees to those applicants who are unable to move-in due to COVID-19.
4. Do not assess rent to those tenants who vacate due to COVID-19.
5. No rent increases.
6. Do NOT serve 14-day notice to pay or vacate.
7. Do NOT serve a notice to terminate tenancy.
8. Do NOT threaten your tenant with an eviction or legal action.
9. Over communicate.
10. OFFER a reasonable repayment plan (see more below).
ABOUT THE REPAYMENT PLAN:
All rent payments delayed through this moratorium will still be owed but a landlord must offer a tenant a reasonable repayment plan to enforce any collection of that debt.
I recommend that you provide your tenant with the ‘Resident Statement and Requested Payment Plan’ form to allow them to tell you what they need as a repayment plan based on their individual financial, health, or other circumstances.
Document your attempts to offer a repayment plan. Make continues attempts in writing (mail), email and text to offer your tenant a repayment plan and document those attempts and your tenant’s response.