On May 7, 2020, New York Governor Cuomo issued an extension on the mortgage and rent moratorium to August 20, 2020. The extension states:
- A landlord cannot begin any proceedings or enforcements of evictions for non-payment of rent for residential or commercial tenants facing financial hardship due to COVID-19 for a period of sixty days beginning on June 20, 2020.
- Foreclosures due to non-payment of mortgage by someone facing financial hardship due to the pandemic are also waylaid by sixty days beginning on June 20, 2020.
- No landlord, lessor, sub-lessor, or grantor shall demand or be entitled to any payment, fee, or charge for late payment of rent occurring during the time period from March 20, 2020 through August 20th, 2020.
The following addition was made:
- Tenants and licensees of residential properties and their landlords may enter a written agreement (an email confirmation will suffice) to use the direct deposit and any interest towards unpaid rent, if the tenant has been facing financial hardship due to COVID-19. The tenant, however, will have to “replenish” the deposit, “at a rate of 1/12 the amount used as rent per month…[it] shall become due no less than 90 days from the date of usage of the security deposit as rent”. Landlords are not to pressure or harass tenants or licensees into such agreements.
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