Sacramento politicians have gotten together to deal with the economic fallout of the pandemic and SB 91 was the answer.
After suffering a drought in rental income, landlords can now tap into a pool of stimulus funds to recoup 80% of rent debt that has accrued from April 1, 2020, through March 31, 2021. In exchange for participating in the program, the remaining 20% of the rent owed must be forgiven. Yet the devil is in the details.
We have a good grasp of the regulatory regime and can assist in helping navigate the minefields of the pandemic.'
Although in enacting SB 91, the state has set the "broad strokes," some counties and cities will march to the beat of their own drum and come up with their own local rules.
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Thinking smartly and strategically about landlord-tenant relationships and recovering COVID-related rent debt in the wake of new state law
You can hypothetical an attorney to death, but we've been together some "what ifs" and provide some food for thought on managing relationships during the pandemic.