{"id":1532,"date":"2020-11-05T17:26:00","date_gmt":"2020-11-05T22:26:00","guid":{"rendered":"https:\/\/www.lee-associates.com\/raleigh\/?p=1532"},"modified":"2020-11-05T17:26:00","modified_gmt":"2020-11-05T22:26:00","slug":"the-impact-of-legislation-on-the-multifamily-sector","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/raleigh\/2020\/11\/05\/the-impact-of-legislation-on-the-multifamily-sector\/","title":{"rendered":"The Impact of Legislation on the Multifamily Sector"},"content":{"rendered":"
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Beginning when the first shelter in place orders were implemented in March of this year, Congress, the Parliament of Canada, and multiple state and provincial legislatures enacted various legislative acts to mitigate the ill-effects of the lockdown. These pieces of legislation bear directly on the multifamily sector.<\/p>\n

With the protection of renters chief in mind, these legislative acts\u2019 primary purpose has been to shield lessees from evictions. On a secondary basis, these legislative measures have sought to offer mortgage protection to lessors, and through the Fed, loan default protection to banks and other lending institutions. However, most of this legislation, such as the USA CARES act, expired at the start of August.<\/p>\n

Where does that leave lessees, lessors, and lending institutions now? What is their standing? Do they or do they not have any legal protections currently? This report will explore these questions and explain how Canadian and American public policy, agency law, ballot measures, and federal and state legislation have all impinged upon the multifamily sector to date.<\/p>\n

>READ MORE<\/a><\/p>\n

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<\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

Beginning when the first shelter in place orders were implemented in March of this year, Congress, the Parliament of Canada, and multiple state and provincial legislatures enacted various legislative acts to mitigate the ill-effects of the lockdown. These pieces of legislation bear directly on the multifamily sector. With the protection of renters chief in mind, these legislative acts\u2019 primary purpose has been to shield lessees from evictions. On a secondary basis, these legislative measures have…<\/p>\n","protected":false},"author":85,"featured_media":1529,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"\nThe Impact of Legislation on the Multifamily Sector - Lee & Associates | Raleigh Durham<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/raleigh\/2020\/11\/05\/the-impact-of-legislation-on-the-multifamily-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Impact of Legislation on the Multifamily Sector\" \/>\n<meta property=\"og:description\" content=\"Beginning when the first shelter in place orders were implemented in March of this year, Congress, the Parliament of Canada, and multiple state and provincial legislatures enacted various legislative acts to mitigate the ill-effects of the lockdown. 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