Author Archives: Richard Magnone

Breaking down the new State of Illinois Eviction Order

The new uniform State of Illinois Eviction Order as promulgated by the amendments to the forcible entry and detainer eviction act released

Posted in Eviction Order, Order for Possession | Tagged | Leave a comment

City of Chicago releases CRLTO 2018 Interest Summary

For all leases governed by the Chicago Residential Landlord and Tenant Ordinance (RLTO), Section 5-12-170 requires that a landlord attach a summary of the ordinance and an interest rate summary to the lease.  The City of Chicago has finally released … Continue reading

Posted in CRLTO, Disclosures, interest | Tagged | Leave a comment

2018 State of Illinois Security Deposit Interest Rate Released

Well, better late than never, the Illinois Department of Financial and Professional Regulation, Division of Banking today (1/8/18) released the new interest rate for security deposits governed by the Illinois Security Deposit Interest Act.  That rate is

Posted in Illinois, Interest Rate, Security Deposit, Security Deposit Interest Act | Tagged | Leave a comment

City Crackdown on Landlords over Heat

On January 3, 2018, NBC Channel 5 reported that the City of Chicago Building Department is taking landlords to court during this cold snap.  The report indicates that the Department of Buildings has received over 600 heat complaints.  City building … Continue reading

Posted in Building Code | Tagged | 1 Comment

Amendment to Illinois Security Deposit Return Act Effective 1/1/2018

The Illinois Security Deposit Return Act has been amended by Public Act 100-0269, effective January 1, 2018.  Some of the amendments are small, like changing the words “rental property” to “rental premises”.  Other changes are more substantive and align the … Continue reading

Posted in Uncategorized | Leave a comment

Cold weather shuts down Cook County evictions

It has not yet been dubbed a polar vortex, but whether it is a “bomb cyclone”, “polar vortex”, or arctic air mass, one thing is certain, it is COLD!  Despite the end of the scheduled holiday moratorium on eviction enforcement … Continue reading

Posted in Eviction, Sheriff | Tagged | Leave a comment

2018 Chicago Security Deposit Interest Rate Released

Security deposit interest rate for 2018 for rental agreements leases governed by the Chicago Residential Landlord Tenant Ordinance RLTO CRLTO

Posted in Interest Rate, Security Deposit | Leave a comment

Rent control advocates employ new tactic

Push to erode landlord rights continues The Chicago Sun-Times published a story today explaining that advocates in favor of rent control are going to make the issue a referendum on ballots in the March, 2018 primary elections.  I’ve been reporting … Continue reading

Posted in Uncategorized | Leave a comment

Class Action Attorneys sue Property Manager under CRLTO

Failure to provide CRLTO Summary at issue That silly little summary of the Chicago Residential Landlord Tenant Ordinance that needs to be attached to every lease governed by the CRLTO.  It’s no big deal, right? Wrong.  Class action attorneys at … Continue reading

Posted in Uncategorized | Leave a comment

2017 2018 Cook County Eviction Moratorium Announced

Annual stoppage for Chicago evictions and Cook County forcible entry enforcement of eviction orders for possession by eviction attorneys

Posted in Circuit Court of Cook County, Sheriff | Tagged | Leave a comment