With laws constantly changing, housing providers are strongly encouraged to seek legal advice prior to serving any notice of termination for nonpayment.
Category: News
Say Goodbye to Love Letters
Buyer letters, or "Love Letters", have become a common element in the residential housing industry, especially as we see multiple offers increase. However, it puts the seller at risk in violating fair housing laws.
The Importance of 1031 Exchanges
The American Families Plan's proposed cap on like-kind exchanges at $500,000, which would greatly impact larger investors who are repurposing and renovating commercial real estate in a post-pandemic economy.
Eviction Ban Is Unlawful
The Nation Wide eviction ban is unlawful according to a ruling Wednesday, May 5th by U.S. District Court Judge Dabney L. Friedrich of the District of Columbia. Last year the Trump administration put the eviction ban into place and was recently extended through the end of June 2021 by President Biden. In Friedrich's ruling she…
Combatting the Eviction Crisis
Oregon has found itself in quite a hole of unpaid debt in the rental housing market since the start of the Coronavirus pandemic. As of February 2021, an estimated $378 million remains outstanding in rental dues across the state. In 2020, Oregon put into place a Statewide Eviction Moratorium, banning nonpayment-related evictions, and gathered resources…
Do you have tenants that are not paying rent?
The Landlord Compensation Fund (LCF) reopened last week. The second round of assistance for covering rent owed by eligible tenants is at least $50 million. The timeframe for the accrued rent owed is from the past year, April 1, 2020 - April 30, 2021. If you are a participating housing provider you could receive funding…
How the eviction crisis could cost Oregon billions
As of February 2021, a reported estimate of 89,000 households are behind in rent equaling more than $378 million. Since the start of the pandemic in 2020 a mass wave of tenants have become behind on their monthly rent, and the numbers continue to soar. The eviction ban across the state allows tenants to remain…