Vermont governor signs act imposing moratorium on ejectment and foreclosure actions during Covid-19

State Issues Covid-19 Vermont Foreclosure Mortgages

On May 14, the Vermont governor signed S.B. 333, which imposes a moratorium on ejectment and foreclosure actions until 30 days after the governor terminates the Covid-19 state of emergency. While a residential mortgage lender may commence a foreclosure action, the court must stay the action as of the date of filing until the end of the emergency period. The act also places limitations on writs of possession not yet issued as well as writs of possession already issued. The act took effect immediately upon passage.