Legal Tip: Govenor's Non-Essential Business Order

Mar 20, 2020

Governor Andrew Cuomo has announced today that he will be issuing an Executive Order that most likely will affect the real estate business in New York. 

The Executive Order will require all “non-essential businesses” to close down, effective Sunday March 22, 2020 at 8 p.m.  We are awaiting clarification from the Governor’s office on which real estate activities are impacted. 

If real estate brokerages are considered “non-essential businesses” under this Order, which seems to be the case, brokerages who have not received an exemption must close their offices, cancel in-person open houses and showings, and not physically attend any scheduled closings. 

Due to this Order and best practices, Licensees may want to consider operating their businesses remotely using technology to do virtual showings and closings.  The Governor’s March 19, 2020 Order 202.7 permits notarizations via audio/video technology which may allow for closings to occur without the parties meeting at the same location. 

Updates will be provided as more information is received.  To read the latest concerning actions taken by the Governor related to Novel Coronavirus (COVID-19), visit https://coronavirus.health.ny.gov/home