What does the L.A. County eviction moratorium ending mean for landlords?
As of April 1, 2023, the L.A. County eviction moratorium ends. For landlords, this means they will once again be able to collect rent from tenants who have fallen behind on payments. For landlords eager to get back to business collecting rents, this news is a welcome relief.
Landlords who are looking to get back to business collecting rents, it’s important to approach the situation with empathy and understanding. Many tenants have been impacted by the pandemic and may need some extra time to catch up on missed payments. Offering payment plans or other accommodations can help alleviate some of the stress and anxiety that tenants may be feeling.
What does the L.A. County eviction moratorium ending mean for tenants?
Tenants who may be struggling financially due to the pandemic, this news may be concerning. It’s important to note that while the eviction moratorium is ending, there are still resources available to help tenants who are behind on rent. The state of California has allocated billions of dollars in rental assistance funds to help tenants catch up on missed payments.
On the other hand, for tenants who may be interested in buying a home, now may be a good time to explore their options. Even with the current interest rates, now is a great time for renters to become homeowners. Owning a home can provide stability and security that renting cannot offer.
Conclusion
In conclusion, while the L.A. County eviction moratorium ending may be appealing to landlords eager to get back to business collecting rents, it’s important for both landlords and tenants to approach the situation with empathy and understanding. For tenants who may be struggling financially, there are still resources available to help them catch up on missed payments. And for those who are interested in buying a home, now may be a good time to explore their options.
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Top 3 Authoritative Reference Publications or URLs:
1. hcidla2.lacity.org/covid-19-eviction-moratorium
2. latimes.com/homeless-housing/story/2021-08-30…
3. https://www.nolo.com/legal-encyclopedia/california-eviction…
