Has your tenant missed a rent payment or two? Maybe you are considering eviction. Here are four factors you should consider before deciding to pursue the eviction process: (1) How much time will you spend in the eviction process? (2) What will it cost? (3) Will your tenant retaliate against you...
In Chicago, apartment landlords are required to provide at least a 30 day notice to tenant (written notice) of any intention not to renew a Chicago apartment lease (termination letter). Failure to provide the requisite written notice allows the tenant to remain in the apartment for at least 60...
In a clear win for Chicago apartment landlords, the Illinois Appellate Court has ruled that a non-refundable "move in fee" is neither a security deposit nor "prepaid rent" under the Chicago Residential Landlord Tenant Ordinance (the CRLTO). This ruling legally blesses the growing Chicago...
In our continuing mission to keep the Chicago apartments community abreast of all the latest developments in local law, we would be remiss not to share some recent interpretations of the Chicago Residential Landlord and Tenant Ordinance (otherwise known as the CRLTO). In February, an Illinois...
Oh, boy. This is absolutely classic. The Chicago Association of Realtors, which looks out for Chicago apartment landlords, is now counseling its members (and the public at large) not to take security deposits from tenants. Meanwhile, the Lawyers’ Committee For Better Housing, which...
As Chicagoans rang in the New Year with noisemakers and confetti, landlords and tenants awaited anxiously for Acting City Comptroller Erin Keane to announce the new security deposit interest rates...
The bounty of snowfall Mother Nature has dumped on Chicago this winter raises the question: Who is responsible for shoveling the sidewalks? In fact, the City of Chicago requires any person "having charge of any building” to remove snow from all sidewalks adjacent to the property. Typically, the...
Chicago landlords with apartments governed by the Chicago Residential Landlord and Tenant Ordinance (otherwise known as the CRLTO) are required to disclose, prior to entering into or renewing a lease with any potential tenant, the existence of any municipal code violations received during the...
For rookie landlords, the apartment leasing process is uncharted territory. So we’ve come up with five quick tips for renting out your apartment quickly and achieving the best possible results.
