If you’re a landlord, you’re probably aware of the Texas eviction moratorium currently in place. This is intended to allow tenants to remain in their rented units if they’re having financial hardships due to COVID. As a property owner, take time to learn the moratorium laws so you know your rights.
The Texas Eviction Moratorium at a Glance
The Texas Supreme Court passed the Texas Eviction Diversion Program intended to protect tenants who are behind in their rent. The bill was supposed to last until the end of January, 2021. However, an extension was recently granted, making the new deadline March 15 as of the date of this post. This new deadline allows the landlord and tenant to reach a resolution should the latter have difficulty paying their rent.
If an agreement is reached, the state puts a halt to evictions for 60 days, during which the landlord can decide whether to resume eviction proceedings. If the landlord decides not to evict, the state agrees to cover up to five months of past due rent.
The Texas Eviction Diversion Program is currently in place in 30 counties.
If you’re a landlord, keep the following eligibility guidelines in mind. Tenants must meet the following requirements to be eligible for the moratorium:
- The renter’s annual income cannot exceed $99,000, or $198,000 for a joint return.
- The renter has to demonstrate “best efforts” to make timely payments or partial payments.
- The renter must demonstrate that, if evicted, they would have no other means of housing and would become homeless or live in a shelter.
Learn More About the Texas Eviction Moratorium in Georgetown
Whether you’re a home buyer or a seller, contact us today for consultation with a real estate pro. If you’re a landlord, All Good Deeds Homes can help you navigate the complex eviction moratorium laws and understand your risks and options.
Assistance with Eviction Moratorium Laws in Georgetown
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