Author Archives: Richard Magnone

2017 CRLTO Chicago Interest Rate Summary Available

2017 Rate of Interest on Security Deposits released by Chicago Building Department! It took a few days, but the 2017 Chicago RLTO interest rate summary is now available.  Remember, the interest rate for leases governed by the CRLTO entered into … Continue reading

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New recycling ordinance requires another summary from Chicago landlords

New Chicago Recycling Ordinance requires recycling flyer Last summer, the City of Chicago updated the Chicago Recycling Ordinance.  That new law went into effect on January 1, 2017.  The new ordinance has a direct effect on certain Chicago landlords.  This … Continue reading

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New lead law affecting Illinois landlords kicks off 2017

Amendments to Lead Poisoning Prevention Act regarding lead mitigation effective January 1, 2017 Back in August, 2016, the State passed amendments to the Illinois Lead Poisoning Prevention Act that affect landlords.  Many landlords are aware of the federal law that … Continue reading

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2017 Chicago Security Deposit Interest rate released!

2017 City of Chicago Security Deposit Interest Rate for Chicago rentals RLTO CRLTO

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2016-17 Cook County Sheriff Holiday Eviction Moratorium

Cook County Eviction winter “stay” starts soon It is that time of year where the Cook County Circuit Court extends some holiday cheer to tenants (certainly not to landlords) and prohibits the Sheriff from enforcing eviction orders.  By way of … Continue reading

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4 Mistakes Landlords Make with the 5 Day Notice

Don’t make these mistakes with the 5 Day Notice The five day notice for non-payment of rent (by the way, it is 10 days in Evanston, thank you very much) – it’s that “simple” little notice that is the beginning … Continue reading

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Chicago Association of Realtors issues a Security Deposit Receipt

New Receipt Form issued by CAR for Deposits As readers of my blog should be well aware, I do not advocate the use of security deposits in those rentals governed by the Chicago Residential Landlord Tenant Ordinance.  While many landlords … Continue reading

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City clarifies confusion about CRLTO summary

Chicago Landlords Catch A Break Please Note: The summary now says “Approved by the Cirty of Chicago, June 2013; summary revised 2016” – always check to be sure you are using the latest summary! In April, I reported being disturbed … Continue reading

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HUD issues fair housing “guidance” on landlord use of criminal background checks

Not good news for Chicago landlords April is fair housing month and to celebrate, the Office of the General Counsel of HUD has released “Guidance on Application of Fair Housing Act Standards to the Use of Criminal Records by Providers … Continue reading

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New CRLTO Summary Available

Please Note: The summary now says “Approved by the City of Chicago, June 2013; summary revised 2016” – always check to be sure you are using the latest summary! The City of Chicago has placed a NEW version of the … Continue reading

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