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Legislation introduced to provide emergency rental assistance During the COVID-19 Crisis

Legislation has been introduced in the US Senate that would create the Emergency Rental Relief Act to prohibit foreclosures and evictions in the event of a public health emergency, epidemic, pandemic, or natural disaster.

 

The legislation includes defining the parameters during which a tenant may terminate a lease under the Emergency Rental Relief Act, instituting a moratorium on foreclosures and evictions during certain state emergencies, and allowing foreclosing governmental units to extend the tax foreclosure deadlines during a state of disaster or emergency.

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