In March 2020, Congress passed the CARES Act, legislation that included a temporary 120-day moratorium on evictions and late fees for federally-backed and federally-assisted housing. The moratorium featured what should have been a temporary notice to vacate requirement. Due to a drafting error in the legislation, however, this provision – which intrudes state and local notice periods – has remained in place long past the moratorium’s expiration, and remains a disputed issue in courts today.
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If You’re Hesitant To Hire A Broker For Your Multifamily Property Read This
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The spike in rental property rates across much of the United States is finally starting to level out, according to a September analysis by data company CoStar Group.
