Homeowner & Rental Protections

Homeowner & Rental Protections under the CARES Act

The federal stimulus package in response to COVID-19 (The CARES Act) was passed on March 27 and expired July 24. Landlords are still obligated indefinitely to provide a 30-day eviction notice for any property covered by the CARES Act. This 30-day notice overrides all state and local landlord-tenant law regarding notices for properties covered by CARES.  The bill includes a moratorium on some residential evictions.

A forbearance can be requested until the Federal COVID-19 Emergency declaration is terminated or December 31, 2020, whichever is sooner.

  1. Foreclosures on all federally-backed mortgage loans are prohibited for a 60-day period beginning on March 18, 2020.

  2. Forbearance of up to 180 days is available for borrowers of a federally-backed mortgage loan who have experienced a financial hardship related to the coronavirus pandemic.

    1. Includes mortgages purchased by Fannie Mae & Freddie Mac, insured by Dept. of Housing & Urban Development (HUD), the Dept. of Veterans Affairs (VA), the U.S. Dept. of Agriculture (USDA), or mortgages made directly by USDA.

  3. Forbearance of up to 90 days is available for multifamily borrowers with a federally-backed multi-family mortgage loan who have experienced a financial hardship.

  4. Borrowers receiving forbearance cannot evict or charge late fees to tenants for the duration of the forbearance period.

  5. 120- day ban on evictions for non-payment of rent for most* renters

    1. This does not mean you do not have to pay rent.  If you are able to make payments, continue to do so.  Those who are having difficulty making full or timely payments will still be responsible for those payments, but cannot be evicted for non-payment at this time.  

    2. *If you are having difficulty paying your rent and have questions about whether this law applies to your property, please contact our office at 614-451-3232.  

    3. Landlords are prohibited from initiating legal action to recover possession of a rental unit, charge fees, penalties, or other charges to the tenant related to nonpayment of rent if the landlord’s mortgage on the property is insured, guaranteed, supplemented, protected, or assisted in any way by HUD, Fannie Mae, Freddie Mac, the rural housing voucher program, or the Violence Against Women Act of 1994.


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