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Security Deposits Relief Measures

Troutman Pepper

Vermont AG Reaches Settlement Over Motel Program Security Deposit Withholdings

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Vermont Attorney General (AG) Charity Clark recently announced the resolution of an investigation into the withholding of security deposits across five motels that were participating in the state’s Transitional Housing...more

Winstead PC

The Silicon Valley Bank Failure: Implications on Commercial Leasing

Winstead PC on

This past Friday, March 10, 2023, the Federal Deposit Insurance Corp. (FDIC) announced its takeover of the failed Silicon Valley Bank (“SVB”) after a run on the bank late last week caused the largest-scale U.S. bank failure...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need to Know

Lowenstein Sandler LLP on

LOCKOUTS Can I be locked out of my home during the COVID-19 emergency? No. On March 19, 2020, New Jersey Governor Philip Murphy issued Executive Order 106, which immediately suspends evictions throughout the state. This...more

Cozen O'Connor

Landlords in California Must Prepare to Address COVID-19 Based Rent and Eviction Moratoria

Cozen O'Connor on

As landlords in California experience yet another month of rent deferrals allowed under COVID-19 based rent and eviction moratoria, landlords must ensure they are familiar with the varying requirements of applicable moratoria...more

Troutman Pepper

NY Executive Order Provides Relief for Tenants and Property Owners Impacted by COVID-19

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On May 7, 2020, New York Gov. Andrew Cuomo enacted Executive Order No. 202.28, which extended and expanded — but in some cases narrowed — the temporary suspension of several New York state laws due to the COVID-19 crisis. The...more

Cadwalader, Wickersham & Taft LLP

COVID-19 Update: Governor Cuomo Extends Eviction and Foreclosure Moratorium and Allows Tenants to Apply Security Deposits to the...

On May 7, 2020, New York State Governor Andrew Cuomo issued Executive Order 202.28 (the “New Order”) to provide additional relief to renters impacted by the COVID-19 pandemic and extended the time periods for certain other...more

Goulston & Storrs PC

New York Extends Moratorium on Late Fees, Evictions, Foreclosures and NY On Pause Order; Allows Security Deposit Rent Payments

Goulston & Storrs PC on

Through two recently-issued Executive Orders, New York temporarily prohibited fees for late rent payments, suspended evictions and foreclosures, allowed security deposits to be used for rent payments, and extended...more

Troutman Pepper

NJ Allows Expanded Use Of Security Deposits For Rent Payments During Pandemic

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The COVID-19 pandemic has imposed widespread financial hardships on all sectors of the New Jersey economy. One area particularly impacted is residential rental arrangements and the ability of tenants to continue with their...more

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