Smith Anderson (North Carolina): Implications of the CARES Act for Landlords and Residential Tenants

Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act (P.L. 116-136) to aid individuals and businesses harmed by the ongoing coronavirus (COVID-19) pandemic.  Section 4024 includes a temporary moratorium on efforts to evict tenants of certain residential rental properties and the ability to assess late fees and penalties for nonpayment of rent during the moratorium. MORE.

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