The following information is provided by AZREIA Business Associate Zona Law Group P.C.
JUDGES ARE NOW REQUIRING LANDLORDS TO STATE WHETHER THE PROPERTY PARTICPATES IN A FOREBEARANCE PROGRAM
Many judges in Arizona are now requiring landlords to state whether they are receiving a forbearance relating to their loan. A forbearance on a loan is when the bank agrees that the property owner does not have to make payments on the loan for a set time period.
While the Supreme Court has not published an administrative order requiring landlords to give this information, we are being told court administration is requiring judges to ask.
Therefore, we have created a new form for clients to complete with each eviction. Clients must complete this new form to enable us to timely process their evictions.
The reason for this “forbearance question” is because the CARES Act stated that if a property was in forbearance a property owner could not proceed with an eviction for non-payment of rent. Also, if they are in forbearance they are not allowed to charge late fees and they must use a 30-day notice for non-payment of rent.
We do NOT believe many clients are participating in loan forbearance programs, but it is imperative that we ask.
IF YOU ARE AN ON-SITE STAFF MEMBER, ASK YOUR OWNERSHIP IF THEY ARE PARTICIPATING IN A LOAN FORBEARANCE.
Zona Law Group P.C.