MEMBER UPDATE
April 8th - Here's What is Happening...
Good Evening:
 
NCAOR Member Town Hall Meeting - Thank you to those members who joined us earlier this week with Counsel Tom Jacobson and MetroList Executive Dave Howe - The meeting was so well received that beginning the week of April 13, we will meet via Zoom for a one hour NCAOR Member Town Hall Session with special relevant guests on Wednesdays at 8:30 am. This is the same time as our formerly scheduled marketing sessions. We have provided you with an invitation to register for the meeting below. The registration will also be provided in the Daily Member Updates and on our website under Members/News/Member Updates at https://www.nevadacountyhomes.com.
 
You are invited to a NCAOR Member Town Hall Zoom meeting. 
 
When: Apr 15, 2020 08:30 AM Pacific Time (US and Canada) 
 
Register in advance for this meeting:
 
After registering, you will receive a confirmation email containing information about joining the meeting.
 

 
Our Association Executive Kathy Hinman participated in an informative AE meeting earlier this week with CAR staff and legal counsel and has shared the relevant highlights:
 
·T his Week’s New Forms
·         Form NTAP (Notice to Tenant of Ability to Pay Rent During Coronavirus Pandemic) is an informational notice that a landlord can send to a tenant for the purpose of starting a dialogue with the tenant regarding the payment of rent during the coronavirus pandemic [ Download Here ]
·         Form RPD (Coronavirus Rent Payment Delay and Repayment) is an addendum to a residential lease or rental agreement that, when agreed to and signed by the landlord and tenant, documents the tenant’s claim that the tenant is unable to pay rent and the reason for the inability; proof of the inability to pay; the amount of the rent not being paid; and a plan to pay it in the future [ Download Here ]
 
·         Pandemic Unemployment Assistance (PUA): The CARES Act includes a new Pandemic Unemployment Assistance (PUA) program expanding unemployment benefits eligibility to business owners, self-employed workers and independent contractors, including most REALTORS®. This means if you’re unable to work as a direct result of the pandemic and you aren’t eligible for ordinary unemployment insurance benefits, you may be entitled to PUA benefits.
 
·         Small Business Administration (SBA) Loans: The federal government, through the SBA, is providing significant relief for small businesses suffering from the impact of the COVID-19 pandemic. Most agents are likely to be eligible for loans that are being made available through the SBA. The CARES Act makes the following options available to REALTORS®:
·         Paycheck Protection Program Loans (PPP)
·         Economic Injury Disaster Loans (EIDL)
·         SBA Express Bridge Loans (EBL)
You can find more information on each of these loans here [Updated on April 6]
 
·         Local Ordinances: C.A.R. has compiled lists of county and local orders relating to real estate’s status as an essential service. Note that many cities and counties are changing their guidance/orders based on local events. These change daily, sometimes hourly. C.A.R. is working to keep this information current, but we encourage you to use these lists with caution and continue to check your local and county websites for any updated orders or guidance. You can find M ore Information Here [updated on April 6]. Un
 
·         California COVID-19 Economic Market/Update presented by Jordan Levine: Download the PowerPoint Here [April 6]. This is a sneak preview of what he will share with us at our Town Hall Meeting April 15th on Zoom
·         CARES Act and C.A.R. Member Resources presented by Jennifer Branchini: Download the PowerPoint here [April 6].
 
·         Upcoming Webinars: Register for upcoming free C.A.R. webinars listed below and open to all members by visiting https://www.carcovidupdates.org/webinars
 

·         Thursday, April 9
§   11:00am-12:00pm – Update on REALTOR® Relief Programs – For Brokers: New information is being released daily surrounding the financial relief available for independent contractors. Join C.A.R.’s legal team on this webinar for brokers for the most up-to-date information available about the Pandemic Unemployment Assistance and Small Business Administration loans offered through the new Coronavirus Aid, Relief and Economic Stimulus (CARES) Act. This webinar will cover employer-specific information for brokers.
§   3:00pm-4:00pm – Landlord-Tenant Issues in the Coronavirus Environment: Landlords and tenants have been impacted by Federal, State and local Executive Orders, and judicial decrees, imposing eviction restrictions and temporary rent relief due to the coronavirus pandemic and stay-at-home laws. Join C.A.R. lawyers who will help guide you through the maze of what can and cannot be done, and instruct you on the proper use of the two latest new documents created specifically to address landlord-tenant issues in the coronavirus environment.
§   1:30pm-2:30pm – Update on REALTOR® Relief Programs – For Agents: New information is being released daily surrounding the financial relief available for independent contractors. Join C.A.R.’s legal team for the most up-to-date information available about the Pandemic Unemployment Assistance and Small Business Administration loans offered through the new Coronavirus Aid, Relief and Economic Stimulus (CARES) Act.
 
Again, tap into your state association resources at carcovidupdates.org for the latest disclosures, forms, protocol and county ordinance information that appears to change daily.
 
NAR is offering over 250+ free & discounted benefits and REALTOR resources at nar.realtor/Right-Tools-Right-Now . Take advantage of the free certifications such as ePRO.
 
Click Here for the link to today's NAR Facebook live on latest Legislation, Relief Programs for REALTORS, Staff and Clients. Due to technical issues, forward the video to 15:13 for the start of the video session. This was worth watching.
 
Remember that the association is here to assist you. Feel free to contact us. Kathy Hinman has shared her cell at (530) 559-0262 to provide R.E. Store service by phone order and scheduled pick up at the Association or Penn Valley Shopping Center.

Take Care,
 
Diane Spooner, 2020 President

Nevada County Association of REALTORS | 530-272-2627 | Nevadacountyhomes.com