New York Enacts a Moratorium on COVID-19-Related Residential Evictions and Foreclosures
By EsqSocial Corporation 06/01/21
On December 28, 2020, New York passed a new law entitled the “COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020.” The act places a moratorium on COVID-19-related residential real property mortgage foreclosure actions and residential eviction proceedings until May 1, 2021, where a tenant or homeowner has submitted a “hardship declaration” to the foreclosing party, landlord, and/or the court. The act also places a stay on existing foreclosure actions or eviction proceedings for 60...
By: Bradley Arant Boult Cummings LLP