Universities and colleges around Chicago will soon resume classes, and perhaps students are hoping to rent your property. Domu reminds you that discrimination on the basis of age or legal source of income would violate Chicago's Fair Housing Ordinance. Still, you might make the following edits...
Whether your tenants live in a 3-flat, a single family home, or a tall residential tower, Chicago’s new Recycling Ordinance applies to your rental apartments. As a landlord, you have four obligations under the ordinance:
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Have you heard that the state representative from Logan Square is hoping to make rent control a possibility for Chicago? Here’s what Chicago landlords need to know about the bill (HB 2430):
In 2015, the City Council approved a new ordinance that clarifies existing guidelines for when sidewalks need to be cleared of snow and increases fines for failure to do so. Some of the key changes to the ordinance are outlined below.
On the first business day of each year, the City Comptroller announces the rate of interest to be paid on security deposits for residential lease agreements governed by the City of Chicago Residential Landlord and Tenant Ordinance (CLRTO). The new rate is effective January 1, 2017 through...
In the City of Chicago, the Chicago Residential Landlord Tenant Ordinance (“CRLTO”) applies to most apartment landlord and tenant relationships. Enacted in 1986, the CRLTO’s main purpose is to protect Chicago tenants and establish tenant rights. While its purpose may be noble, some of the law’s...
The City of Chicago announced the new security deposit interest rates for 2016 for Chicago apartment landlords. The rate remains unchanged from 2015.
Under Chicago law, the rate of interest to be paid on security deposits for lease agreements entered into or renewed during the calendar...
To avoid the harsh penalties imposed by the Chicago Residential Landlord Tenant Ordinance (RLTO) for security deposit infractions, many landlords have chosen to charge a flat “move-in” fee in lieu of a security deposit. However, until recently, it was not clear whether this practice was legal....
Among the many things landlords worry about, repairs are a top concern. Generally, repairs are the obligation of the landlord unless the lease states otherwise. However, if the cause of the damage can be easily attributed to the tenant, the landlord can charge back the work to the tenant as long...
