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.
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