Last week Governor Ron DeSantis signed
an executive order suspending mortgage foreclosures and evictions due
to the coronavirus until September 1st and the clerk's
office wants to make sure everyone is aware of the fine print.
The new order extends the previous
suspension through 12:01 a.m. On September the 1st but
also represents a departure from earlier moratoriums.
Rather than the previous blanket orders
that applied to all borrowers and renters, but now it protects only
those who can demonstrate they have been negatively affected by the
pandemic through a loss of job or income reduction.
Once an individual is no longer being
harmed financially, late payments will come due.
Additionally, the moratorium on
foreclosures extends only to single-family homes.
Previous orders made no distinctions.
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