Earlier this week this series reported that the deadline for Payroll Protection Program applications was set to expire on June 30, 2020. That deadline has been extended to August 8, 2020.
Further – Governor DeSantis has extended the current statewide moratorium on evictions and foreclosures until August 1, 2020.
And finally, under the Federal Coronavirus Aid, Relief and Economic Security Act of 2020 (‘aka’ the Cares Act) residential foreclosures and foreclosure-related evictions of certain residential loans involved with a variety of federal agencies are extended until August 31, 2020. 1
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Note: Citations are given to the sources to respect the original authors’ copyrights.
1 Source: July 2, 2020 edition of The Fund e-newsletter.
– For more information, call Philip N. Kabler of the Gainesville, FL office of Bogin, Munns & Munns at 352.332.7688, where he practices in the areas of business, banking, real estate, and equine law. He has taught business and real estate law courses at the University of Florida Warrington College of Business Administration and Levin College of Law and is the President-Elect of the Eighth Judicial Circuit Bar Association.
To consult with an experienced business law lawyer today, call 855-780-9986
NOTICE: The article above is not intended to serve as legal advice, and you should not rely on it as such. It is offered only as general information. You should consult with a duly licensed attorney regarding your Florida legal matter, as every situation is unique. Please know that merely reading this article, subscribing to this blog, or otherwise contacting Bogin, Munns & Munns does not establish an attorney-client relationship with our firm. Should you seek legal representation from Bogin, Munns & Munns, any such representation must first be agreed to by the firm and confirmed in a written agreement.