This is a VERY good question:
There is ALOT of talk in the NYC / NJ area about tenant rental forgiveness due to the Coronavirus. Please everyone I know we are all optimistic about REAL Estate being the best investment which it is but in times like this you MUST have emergency reserves. NEW YORK landlords are gonna halt evictions for up to 3 months. I THANK the lord I have good tenants but god forbid someone becomes infected and can't work, my property manager said it is not worth moving forward with evictions as courts will be backed up and Judges will grant them to stay due to hardship.
According to my attorney, Judges in each County of my state (NJ) which is PRO TENANT tend to lean in different directions when it comes to evictions. I recently had advise from a local experiences landlord / tenant judge that says in most cases it depends on which side of the bed the judge woke up on that morning "A lot of gray areas" Health issues area utilized as a hardship plea which it should. I am pro landlord and ready to evict at any moments notice. However, what if just what if my best of the best tenant does become infected and can't work. Decisions decisions, might have to let them slide that month
Learn the law, interpret the law and enforce the law when need be
