April Designated Realtor®

Page 5

Follow Us for Up-To-Date Information

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I need a CO for a closing and my municipality is closed/not responding/postponing all inspections, what can I do? In certain municipalities where they are waiving the Fire Certificate and Certificate of Occupancy inspections, your client should check with the municipality and consult their attorney for guidance. We requested statewide guidance from the NJ Department of Community Affairs, but they have indicated it does not fall under their jurisdiction. The guidance they offered was with regards to new construction only. If you are still having trouble with this, please contact us at news@njrealtor.com with the problem and municipality you are dealing with.

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I need a fire inspection certificate for a closing and am having trouble. The Department of Community Affairs released new guidance for fire inspection certificates, available here. Most municipalities are offering a waiver of the fire inspection certificate with an affidavit. If you are still having trouble with this, please contact us at news@ njrealtor.com with the problem and municipality you are dealing with.

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Are evictions still able to happen? No. There is a moratorium on all evictions per Executive Order 106. page three, section 1.

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Will there be an extension to the continuing education requirement deadlines? The next deadline for continuing education is not until April 30, 2021. There are no deadlines this year.

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What about the deadlines in a sales contract or a lease? If any of your clients have questions about how the COVID-19 pandemic affects any of the deadlines or other issues in their sales contract or lease, you should

advise them to consult an attorney about how the pandemic affects their individual transaction.

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Will I qualify for pandemic unemployment insurance? The stimulus bill provides for unemployment insurance for independent contractors. This is different than regular unemployment and the guidelines and administrative process has not be released yet. Once we have that information, we will notify membership. Can I apply for PPP and Pandemic Unemployment Insurance? This is still unclear. We have sought clarification and will update you as soon as we have the information. Can I apply for PPP as an independent contractor? Yes. These loans are intended for small businesses, sole proprietors, and independent contractors. Application for independent contractors opens April 10. Should I include independent contractors in my employee count and expenses if I apply for PPP as a business? This is still unclear. NAR has sought clarification and we will update you as soon as we have this information. Am I ineligible for Pandemic Unemployment Assistance because real estate was deemed “essential” in New Jersey? Per the National Association of Realtors®: “NO, you may still be eligible to apply for the pandemic unemployment assistance if you have been fully or partially unemployed due to the COVID-19 public health emergency. We are awaiting new guidance from the Department of Labor with respect to this program. We expect it within 10 days.”

Designated REALTOR® | April 2020 | 3


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