Governor Ron DeSantis has once again extended his prior order, which suspends mortgage foreclosures and evictions, until 12:01 a.m. on June 2, 2020. The governor’s original executive order on the issue was signed on April 2 and would run through May 17. Although DeSantis’ Order relates strictly to relief for residential tenants, the foreclosure relief applies to all mortgages, including commercial loans. However, the Order makes clear that this temporary relief does not relieve an individual from their obligation to make mortgage payments or rent payments. In other words, once the suspension is lifted, rent and mortgage payments will need to be current in order to avoid eviction or foreclosure.
Now that restaurants, retail stores, and hair and nail salons have reopened, this extension is likely related to Governor DeSantis’ plan for Phase II of the state’s reopening, which is expected to be announced at noon today, Friday, May 15, 2020, and to include allowances for vacation rentals and possibly gyms – likely with some restrictions.
For additional information on Governor DeSantis’ orders or any legal quetions pertaining COVID-19, please call one of our attorneys at 941.748.0100 or email business law attorney Jodi Ruberg at email@example.com.