We have yet to fully dissect the monstrously long bill, but suffice it to say that the law is cleaner on the page than in real life and there are many nuances best approached with sound counsel.
We have several reservations about the soon-to-be-inked law and the lethargic, dysfunctional process of distributing rental relief funds, but it looks like the Governor's plan for the state to pay 100% of rent debt to eligible landlords and tenants will come to fruition. Let's hope that the state makes good on its promise to more speedily get funds into the hands of the people who sorely need it to keep afloat.
Fatigued by a maddening patchwork of local moratoria and ever-extending protections, we are now tasked with digesting even more new rules/regulations. Hopefully, we are coming to the end of this – however, it remains to be seen.
Of course, Bornstein Law will continue our commitment to keeping you posted and plugged in.