On Wednesday, June 24, 2020, Governor Holcomb announced he will extend Indiana’s prohibition on evictions and foreclosures through August 1, 2020. The one bright spot for Indiana landlords came when Jacob Sipe, director of the Housing and Community Development Authority, also announced the “Indiana COVID-19 Rental Assistance Program.” The program utilize $25 Million from the federal CARES Act and will provide Indiana tenants living outside of Marion County assistance of up to $500 per month for four months to pay their landlords.

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The COVID-19 pandemic has affected most people in one way or another. Landlords and real estate investors are no exception. With federal and state moratoriums on evictions and foreclosures, landlords and lenders must be diligent to keep their real estate investments and rental property cash flows out of the red. Read on to find out steps landlords should take to navigate the COVID-19 pandemic

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Indiana’s Stay of New Eviction Filings On March 19, 2020, Governor Eric Holcomb signed Executive Order 20-06 which prohibited in Indiana new filings for all evictions and foreclosures on residential property during the state of emergency.  On April 3, 2020, Governor Holcomb signed Executive Order 20-17, which extended the state of emergency (and the stay…

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​A tenant estoppel certificate is often associated with the due diligence phase of prospecting a purchase of the tenant-occupied property.  Estoppel certificates are common practice in commercial transactions but are often an unfortunate oversight in tenant-occupied residential purchases.  So, what exactly is a tenant estoppel certificate and how does it work? What is a tenant…

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