New Jersey Eases Restrictions on Commercial Evictions
In response to the COVID-19 pandemic, in March 2020 the New Jersey Courts postponed all commercial landlord/tenant trials and barred the issuance of Writs of Possession arising out of Final Judgments in Foreclosure in commercial foreclosures. As a result, commercial landlords and lenders in New Jersey faced with tenant and borrower defaults have been left without a remedy for almost a year. Last week, the New Jersey Courts issued two Notices to the Bar that eased these restrictions. Copies of the Notices are posted here and here.
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