Insights
Florida Governor DeSantis Suspends Mortgage Foreclosures and Residential Evictions
In response to COVID-19’s impact on businesses, Florida Governor DeSantis issued Executive Order 20-95, directing the Department of Revenue to issue an emergency order suspending taxation imposed under Chapter 201, Florida Statutes, for notes and other written obligations made pursuant to Title I of the CARES Act.
This is great news for businesses who will be receiving a loan under the CARES Act, as funds that would have been used to pay the documentary stamp tax can now be used for business purposes during this incredibly difficult time. The Governor’s order allows employers receiving money from the federal CARES Act to use the full dollar amount to pay their rent and help their employees.
If you have any questions or need any additional information, please contact Blalock Walters at 941.748.0100 or email real estate attorney Will Robinson at wrobinson@blalockwalters.com.
William C. Robinson, Jr., Esq., Florida Board Certified in Real Estate Law
Surviving an Economic Crisis: Potential Advantages and Disadvantages of a Chapter 11 Bankruptcy
Although many economic experts predicted that the economy may deteriorate in 2020, none of these experts could have foreseen the unprecedented impact that the coronavirus pandemic has had on the economy. In a matter of weeks, the coronavirus pandemic has caused the...
Department of Labor Expands Definition of Healthcare Providers to Related to Exemption from Paid Leave
On March 28th, the Department of Labor (“DOL”) expanded the definition of “healthcare provider” for the purpose of determining who is exempt from the leave mandates set forth in the Families First Coronavirus Response Act (“FFCRA”). The FFCRA exempts employers from...
How Can Blalock Walters Help Your Business During COVID-19?
On March 27, 2020, the U.S. House of Representatives passed and President Trump signed into law the COVID-19 stimulus bill, known as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), which provides much needed assistance for small businesses. ...
Restrictions on Vacation Rentals During COVID-19
On March 27, 2020, Governor Ron DeSantis put restrictions on vacation rentals by Executive Order 20-87. The Order prohibits vacation rentals from making any new reservations or bookings during the period ending April 10, 2020. It also prohibits vacation rentals...
SBA Liquidity Assistance for Businesses – In the Form of Forgivable Loans and Non-Forgivable Disaster Loans
On March 27, 2020, the U.S. House of Representatives passed the COVID-19 stimulus bill, known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748), which provides much needed assistance for small businesses.
Governor DeSantis and the Florida Department of Revenue Issue Actions Regarding Property and Sales Tax Deadlines
On March 26, 2020, Governor DeSantis and the Florida Department of Revenue have issued two actions regarding property and sales tax deadlines.
Certain Permits and Development Orders May be Extended Due to Florida’s State of Emergency for COVID-19
On March 9, 2020, Florida Governor Ron DeSantis issued Executive Order 20-52 declaring a state of Emergency in Florida for the Novel Coronavirus Disease 2019 (COVID-19).
Employee Rights: DOL Releases Required Families First Coronavirus Response Act Notice to be Posted in Workplaces
The Department of Labor released the notice required by the Families First Coronavirus Response Act (FFCRA) to be posted in the workplace beginning April 1, 2020.
Proposed Stimulus Package…Big Help is on the Way
Lawmakers have spent the past several weeks negotiating a package which will boost our economy and, while most of us were sleeping last night, Senate leaders announced a bipartisan deal to the tune of $2.2 Trillion.
Frequently Asked Questions – Families First Coronavirus Response Act
On March 18, 2020, Congress passed, and President Trump signed, the Families First Coronavirus Response Act (“FFCRA”).