Greenspoon Marder Financial Services Updates – State of Florida

On April 2, 2020 Florida Governor Ron DeSantis signed Executive Order Number 20-94 {Emergency Management COVID-19  Mortgage and Eviction Relief}.

Highlights of the Order:

• Suspension and Tolling any statute providing for a mortgage foreclosure cause of action under Florida law for 45 days from the date of this Executive Order, including any extensions.
• Suspension and Tolling any statute providing for an eviction cause of action under Florida law solely as it relates to non-payment of rent by residential tenants due to the COVID-19 emergency for 45 days from the date of this Executive Order, including any extensions.
• Nothing in the Executive Order shall be construed as relieving an individual from their obligation to make mortgage payments or rent payments.

Greenspoon Marder has been in contact with various court administrators throughout the State of Florida to inquire how the Order will be implemented and the scope of the Order.

Please contact us directly to discuss any loan level inquiries.

As always, our Management Team is available 24/7 for our clients – we do not foresee any disruption of email communication, however, please see below phone contacts as needed:

This Greenspoon Marder LLP Client Alert is issued for informational purposes only and is not intended to be construed or used as general legal advice nor a solicitation of any type. Please contact the author(s) or your Greenspoon Marder LLP contact if you have any questions regarding the currency of this information. The hiring of a lawyer is an important decision. Before you decide, ask for written information about the lawyer’s legal qualifications and experience.