On April 20, 2020, Governor Baker signed Housing Bill 4647 (“House Bill”) into law. The Housing Bill provides for a moratorium (“Moratorium”) on evictions and foreclosures during the COVID-19 pandemic (i.e., a temporary prohibition on evictions and foreclosure). The Moratorium has a severe impact on landlords and mortgage holders. The experienced attorneys at Goldman & Pease have carefully analyzed the Housing Bill and offer you pertinent information to assist you during this difficult time.
When Does the Moratorium Expire?
The Moratorium is currently in effect and will expire the sooner of:
- August 18, 2020 (120 days after the date of the Housing Bill); or
- 45 days after the COVID-19 emergency declaration has been lifted.
The Governor has the ability to extend the Moratorium for periods of not more than 90 days. However, the Moratorium cannot be extended for more than 45 days after the COVID-19 emergency declaration has been lifted. [Read more…]