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Updated about 5 years ago on . Most recent reply

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214
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Tom O.
  • Chicago
165
Votes |
214
Posts

Be Very Careful of King Trump's Federal Eviction Moratorium Order

Tom O.
  • Chicago
Posted

FYI everyone: King Trump's "moratorium on evictions" doesn't just stop evictions, it creates a federal crime punishable with up to one year in Club Fed for landlords who violate it. Be verry careful folks. Read more here from a savvy, knowledgeable attorney:

https://www.chicagoeviction.co...

It's really quite outrageous. It's one thing to say that Landlords should evict folks suffering from COVID medical or financial issues. But to make it a CRIME with up to ONE year in Federal Prison and $100,000 in fines for violations? That's insane. AND the tenants don't really have to be suffering from COVID anything; they just have to certify that they make less than a certain income and have tried to get financial help and will likely be homeless if evicted. 

Many (including me) suspect that large multi-unit owners like Trump and Kushner like driving small LLs like me out of business so they can scoop up our buildings on the cheap when we get driven out of business due to this moratorium. 

Most Popular Reply

User Stats

1,696
Posts
2,161
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Peter Tverdov
  • Real Estate Broker
  • New Brunswick, NJ
2,161
Votes |
1,696
Posts
Peter Tverdov
  • Real Estate Broker
  • New Brunswick, NJ
Replied

@Tom O. You figured it out. Billionaire Trump wants to buy everyone’s $124,000 duplex in Milwaukee and Cleveland.

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Pete Tverdov
4.8 stars
252 Reviews

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