Author Archives: Richard Magnone

2019 Chicago Security Deposit Interest Rate Released

2019 CRLTO Chicago RLTO Security Deposit Interest Rate

Posted in interest | Leave a comment

Early word on 2019 City of Chicago Security Deposit Interest Rate

The City of Chicago Comptroller sets the 2019 security deposit interest rate for CRLTO leases under the RLTO

Posted in CRLTO, interest | Leave a comment

Lake County Illinois 2018-2019 Eviction Moratorium Starts Today

The Sheriff of Lake County announces temporary delay of 2018-2019 evictions for the holidays

Posted in Sheriff | Tagged , | Leave a comment

Breaking down the proposed Illinois Rent Control Act Part 1

Let’s Read this Proposed Law Together UPDATE: These provisions track with the newly introduced (Feb 9, 2019) House Bill 2192 introduced by State Representative Mary E. Flowers. This post is the very first in a series of articles that will … Continue reading

Posted in Rent Control | 1 Comment

Amended version of Illinois Rent Control Act leaks…

I. Am. Shocked. I have been writing recently about the efforts to impose rent control on landlords in Illinois.  I think this is a topic of the utmost importance to landlords, real estate investors, real estate agents, and mortgage brokers.  … Continue reading

Posted in Rent Control | Tagged , | Leave a comment

Cook County Sheriff Eviction Moratorium for 2018 and early 2019

Holi-Delay The Circuit Court of Cook County entered a General Order 2018-03 on November 19, 2018 setting forth the annual eviction moratorium for Cook County Eviction Order enforcement.

Posted in Eviction Order, Sheriff | Tagged | 1 Comment

What will Illinois Rent Control Boards Look Like?

Tenants to get upper hand in fixing rents Would you let your children determine how much allowance they get?  Would Apple let you choose your price for a flashy new iphone?  No?  Well, if the Illinois State Senators (Mattie Hunter … Continue reading

Posted in Rent Control | Leave a comment

What happened at the rent control meeting?

As I mentioned a few days back, there was a meeting in downtown Chicago of the Illinois Special Senate Committee on Housing to discuss rent control legislation.  So what happened?  Predictable things happened.  Community organizers and tenants’ rights advocates filled … Continue reading

Posted in Rent Control, Uncategorized | Leave a comment

Landlord CALL TO ACTION on Rent Control

Chicago landlords and Illinois lessors need to act fast to comment on the Special Committee on Housing hearing regarding rent control repeal preemption act

Posted in Illinois, Rent Control Preemption Act | Tagged | 1 Comment

Cook County Sheriff Eviction Procedure Update

The Cook County Sheriff has changed his eviction schedule website just a bit.

Posted in Eviction, Sheriff | Tagged , | Leave a comment