Excel Sharing Violations with file on Dropbox in Catalina

Hi everyone,

Curious if anyone else has noticed problems with opening Excel files stored in Dropbox on Catalina? I seem to get sharing violation errors constantly and therefore can't open any excel files from my dropbox and then save without needing a different filename... which gets annoying fast.

I googled a ton of things and it seems to have been an issue a few years ago but nothing recently.

I'm using 10.15.1 Catalina with 16.16.16 Mac Excel (2016). I've downloaded and installed the latest dropbox as well. I don't have the same problem if i copy the Excel file to a local, non-Dropbox folder and open/save.

Any help is greatly appreciated.