Property Management News

For much of 2020, residential landlords have had little leverage to collect rent payments.Between the Tennessee Supreme Court instructing Sessions Courts to suspend eviction hearings and the Centers for Disease Control and Prevention (CDC) regulations making it difficult to remove tenants that aren’t paying, there is no doubt there are a good number of tenants that are behind on their rent with no realistic chance of getting caught up when the CDC regulation restrictions expire on January 1, 2021.There may be agencies providing assistance to tenants struggling due to the pandemic, and landlords should consider encouraging their tenants to seek out any assistance from the various...Read more >

As President-elect Joe Biden prepares to enter the White House, he and his administration are weighing a number of economic measures to take in the initial days and weeks. Among these, according to a report in the New York Times, is an extension on the moratoriums on evictions and foreclosures.This should not come as a surprise to observers. The US economy is showing signs of strain as Covid-19 infections surge. The Biden Administration is reportedly bracing for a double-dip recession as states put in place more restrictions. While there is reason to expect that the rollout of a vaccine will revive the economy next year, the short-term is likely to be rocky. Lifting the moratorium...Read more >