The Department of Public Health issued guidance for short-term rentals, restricting the rental of properties for 31-days or less to COVID-19 support until May 4.
The self-employed and independent contractors are also included in a dramatic expansion of unemployment insurance that could provide benefits for up to 39 weeks. These workers are not usually covered under traditional state unemployment benefit programs.
CCIAOR and the Massachusetts Association of REALTORS® is urgently seeking clarification on whether all real estate practices qualify as essential services and has requested an explicit designation as essential. This will ensure that those who need shelter during this time are able to find it.
The Federal Financing and Housing Agency (FHFA) announced today flexibility for issues surrounding appraisals and the verification of employment in light of the Corvid-19 pandemic. These alternatives allow Freddie Mac and Fannie Mae to have flexibility moving forward through May 17, 2020.
At the urging of your REALTOR® Association, Massachusetts Governor Charlie Baker issued an executive order deferring the requirement of allowing smoke detector and carbon monoxide alarm certificate inspections as required under Sections 26F and 26F½ of Chapter 148 of the General Laws.
There is widespread support for vacation rentals throughout Cape Cod, according to a recent poll by American Strategies conducted on behalf of the Cape Cod and Islands Association of Realtors (CCIAOR). More than 80 percent of polled residents are supportive of vacation rentals and value their positive impact on Cape Cod’s economy.
