The nationwide eviction moratorium put into place by the Centers for Disease Control last year will end sooner than expected, following a ruling by the U.S. Supreme Court.
The court said in the 5-4 ruling that the CDC overstepped its authority in establishing the nationwide moratorium, but the court stopped short of ending the eviction ban immediately. That means the moratorium will expire at the end of July and not be extended further.
The National Association of Realtors applauded the decision in a press release, calling it a “massive victory for property rights.”
“For more than a year, mom-and-pop property owners have been pushed toward financial ruin as they upkeep their properties and pay their taxes and mortgages with no income of their own,” NAR President Charlie Oppler said in the press release. “With the pandemic waning and the economy improving, it is time to restore the housing sector to its healthy, former function. Property owners also deserved this absolute clarity from our federal court system regarding property rights in America to avoid similar financial harm in the future.”
Oppler added: “This ruling keeps in place certainty for tenants for another month while bringing clarity to struggling housing providers. It is now critical that the nearly $50 billion in rental assistance NAR helped secure gets out to those who need it most.”
Both the Georgia Association of Realtors and the Alabama Association of Realtors filed lawsuits in opposition to the moratorium.
Tenants received relief from paying their rent. But that did not excuse them from not paying rent. Yes, home owner, some, did receive a deferment on their loan. Again, that does not excuse the home owner from not paying their mortgage note. Does not excuse the landlord from making repairs as needed or requested by Tenants……some decisions are not looked upon fairly or with equal status.
If a home owner fails to pay their mortgage at the end of the deferment plan; they will be foreclosed on and have bad credit. The home owner/landlord’s collateral is their home.
If a tenant fails to pay their rent balances due; they may be evicted and receive a judgment. Nothing but bad credit. Tenant has no collateral to lose. How in the world did the government think this was fair.
After all, do you really think that ONLY Tenants were effected by lost income?
EVERYONE WAS!! IN ONE WAY OR ANOTHER!!
Hooray for the end to the illegal moratorium, this one sided ruling has the potential to bankrupt small investors. The banking industry should have had a moratorium on payments.
I’m owner/landlord of rental properties, and I agree with Supreme Court, long overdue
which has put income producing properties in the hole from debt incurred from tenants.
Tenants have used this CDC guideline to there advantage, in receiving monies and didn’t
pay according to CDC documents signed and notarized with authorization from owners.
Owners incurred debt from filing eviction notices, up keep of properties, mortgages, taxes etc…some tenants in cases moved to avoid paying back rent, and signed under
new leases and receiving rent relief thru other programs.
Ex; if you owe monies, tenants should file authorization forms giving owners the right
to recover all rents due including late fees filed in courts, regardless .