June 25, 2020
Inside this issue
  Sisolak to lift eviction moratorium in phases  
Governor also announces rental assistance program funded with CARES Act dollars

Today, Nevada Governor Steve Sisolak announced a phased lifting of the eviction moratorium.  

Along with the directive, the Attorney General's Office has released guidance for commercial properties, guidance for residential landlords, guidance for tenants and also general guidance for landlords and tenants. The AG's Office also released a reference chart that clearly marks where each type of eviction can begin. Part of the eviction guidance package includes a Lease Addendum and Promissory note for residential rental arrearages. This form is voluntary but strongly encouraged because it establishes a payment plan for unpaid rent.  

In conjunction with this Directive, the Governor also announced a $50 Million dollar statewide rental assistance program funded with federal CARES Act dollars. The program will be funded with federal Coronavirus Relief Funds with $30 Million earmarked for residential rental assistance and $20 million set aside for commercial rental relief. Watch for additional details as they are released.

Please take your time reading through the attached materials. If you still have questions you can contact the legal information line at InfoLine@NVRealtors.org and be sure and watch for additional details as they are released.