Greenspoon Marder Financial Services Updates – State of Florida Foreclosure/Eviction Moratorium Amended
Jul 30, 2020
Fort Lauderdale, FL
On July 29, 2020 Florida Governor Ron DeSantis signed
Executive Order 20-180 Limited Extension of Mortgage Foreclosure and Eviction Relief.
EO 20-180 amends previous EO 20-94 to ensure mortgage foreclosure and eviction relief is
limited to single-family mortgagors and residential tenants adversely affected by the COVID-19 emergency.
Executive Order 20-180
Suspends and tolls any statute providing for FINAL ACTION at the conclusion of a mortgage foreclosure proceeding under Florida law solely when the proceeding arises from non-payment of mortgage by a single-family mortgagor adversely affected by COVID-19 Emergency.
(Adversely affected by COVID-19 emergency means loss of employment, diminished wages or business income or other monetary loss realized during the Florida State of Emergency directly impacting the ability of a single-family mortgagor to make payments).
The order reads the same as it relates to evictions.
Our office is reviewing our Florida portfolio in connection with the current HUD/FHFA moratorium in place to proceed on all applicable loans.
Please reach out with any questions or to discuss the order further.
About Greenspoon Marder
Greenspoon Marder is a national full-service business law firm with 240 attorneys and 26 locations across the United States. We are ranked amongst
American Lawyer’s Am Law 200, as one of the top law firms in the U.S. since 2015. Since our inception in 1981, our firm has been committed to providing excellent client service through our cross-disciplinary, client-team approach. Our mission is to understand the challenges that our clients face, build collaborative relationships, and craft creative solutions designed and executed with long-term strategic goals in mind. We serve Fortune 500, middle-market public and private companies, start-ups, emerging businesses, individuals and entrepreneurs nationwide.
Natalie Villanueva, Director of Marketing
954.333.4308 | firstname.lastname@example.org
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.