Congress did not pass any new legislation and, in fact, its initial moratorium expired in July 2020. After that point, the extensions were directed by the Centers for Disease Control and Prevention, which claimed it was authorized by a 1944 law to mandate that people stay in their homes so that they would not be put into situations where they might become infected with and spread COVID-19.
Latest stories on real-estate
Property owners nationwide should anticipate across-the-board utility increases in 2021, with some jurisdictions expected to see double-digit rate hikes. Yet there are proactive steps owners can take now to hedge against these additional expenses.
During the Corona Virus pandemic, there have been several lockdowns resulting in weeks of remaining sheltered in place. From construction to real estate and property management, many of the vendors that property owners rely on have been put at a standstill time and time again. In turn, renters have been anxious to make a move when there is a window of opportunity offered. Are your units ready to be shown?