Extended federal eviction ban could cost Missoula landlords

Extended Federal Eviction Ban Could Cost Missoula Landlords

President Joe Biden has announced a proposal to extend the federal eviction moratorium created by the Trump administration up to September 30, 2021.

The current consequences of a violation include a first offense of a federal misdemeanor, a $100,000 fine, and up to a year in jail. It’s no longer simply a dispute with a resident in your rental, it is now a crime. Additionally, your resident can sue for restitution, attorney fees, etc. in civil court.

If you own a rental investment and you are self-managing and leasing, Missoula Property Management strongly encourages you to seek the services of a professional property manager. The laws wrapped around tenant-landlord laws are becoming even more complicated and unfortunately change frequently.

If nothing else, call, email, or send a Facebook message with questions. We will give guidance where possible.

 

 

 

Latest Featured News

7 Rental Market Predictions for 2022

7 Rental Market Predictions for 2022

7 Rental Market Predictions for 2022 As the world gets back to normal, so does the real estate sales and rental markets. Over the past two years, the pandemic did a lot to interrupt the natural growth of the market by not allowing landlords to charge late fees, raise...

read more
What People Love About Investing in Real Estate (Video)

What People Love About Investing in Real Estate (Video)

What People Love About Investing in Real Estate Enjoy spending more time with your friends and family over the next week! As we end 2021 and start 2022, we hope that you and your loved ones are healthy and happy. Give us a call if investing in real estate is part of...

read more

Client Testimonials

[wprevpro_usetemplate tid=”1″]

Contact us for a FREE rental market analysis.