Greenspoon Marder Financial Services Updates – State of Florida Foreclosure/Eviction Moratorium Amended

Jul 30, 2020

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 LLP is a full-service law firm with over 225 attorneys and more than 20 office locations across the United States. With operations from Miami to New York and from Denver to Los Angeles, our firm attracts some of the nation’s top talent in key markets and innovation hubs. Our core practice areas include Real Estate, Litigation, and Transactional Services, complemented by the capabilities of a full-service firm. Greenspoon Marder has maintained a spot on The American Lawyer’s Am Law 200 as one of the top law firms in the U.S. since 2015, and our goal is to provide exceptional client service by developing a thorough understanding of each client’s business needs and objectives in order to provide strategic, cost-effective solutions.

MEDIA CONTACT

Natalie Villanueva, Director of Marketing
954.333.4308 | [email protected]

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.

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Greenspoon Marder Financial Services Updates – State of Florida Foreclosure/Eviction Moratorium Amended

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