Happy New Year to Chicago Landlords still holding security deposits! If you’ve been in this game long enough, you probably could have guessed this year’s interest rate, but, for the sake of form, here it is right from the City of Chicago:
Richard Magnone
COVID 19 Eviction Protection Ordinance Set to Expire
Ordinance Protection Expired?
Will it happen? Has it happened? Will it stick? Who knows? I would not put it past the powers that be. What am I talking about? The Chicago Covid 19 eviction protection ordinance is set to expire by its own terms. Could the Governor do something this weekend to somehow extend the executive order providing eviction protections? Probably not. The protections in that last order were extended on August 20, 2021 and expired October 3, 2021. The Chicago COVID 19 Eviction Protection Ordinance extended its provisions for 60 days beyond that date.
Illinois’ Covid Eviction Moratorium Ends
Illinois Governor Pritzker’s 19 month moratorium on evictions expired this past weekend. Beginning today, October 4, 2021, evictions can be filed and processed as before the moratorium was put into place. A nightmare for landlords seems to be at an end. What will the playing field look like now that the ban on evictions has been lifted?
Governor goes back on his word and extends moratorium
Well, I for one never believed the moratorium would expire as promised at the end of August. Never. And, very quietly, after subtle signals at the Illinois State Fair, the Governor went ahead and extended. Why? Pick your reason. Delta variant (hmmmm…. there were less than 3000 cases yesterday and the pandemic seems to be more of an endemic and less of an emergency now that Illinois has been “restored”); emergency rental assistance money (why isn’t that making its way into the hands of landlords sooner? We’ve heard this excuse before); maybe it is to coincide with the likely improper but somehow in force Center for Disease Control eviction moratorium; or maybe “just because”… The reason really doesn’t matter. By way of executive order 2021-19, the moratorium is now extended to
Tenant Remedies under the CCRTLO
Section 42-806 – Tenant Remedies
First, the ordinance became effective yesterday. I know – I’m behind in getting these posts out. Hang in there and we’ll get through it. Section 806 of the CCRTLO is entitled “Tenant Remedies”. This section has
Anti-Landlord Cook County Residential Tenant Ordinance goes into effect TODAY
Are Suburban Landlords Ready?
Like it or not, it is June 1, 2021 and the Cook County Residential Tenant and Landlord Ordinance is now in full effect. Between the time the ordinance was passed and now, lawyers and politicians have discussed this ordinance in a number of forums. I wanted to provide a few quick thoughts on two issues I believe housing providers should consider as the ordinance dawns.
Major amendment to Rent Control Preemption Repeal Bill
The Swedish economist Gunnar Myrdal wrote “Rent control has in certain Western countries constituted, maybe, the worst example of poor planning by Governments lacking courage and vision.”
Well, the people trying to “lift the ban” on rent control are back at it
Tenant Rights under the CCRTLO
Section 42-805 – Tenant Rights.
Section 805 of the CCRTLO is entitled “Tenant Rights”. In this section, we have a laundry list of tenant rights beginning with broad basic concepts and continuing on down to some detailed minutia. The opposite of rights are duties and these items definitely impose some obligations on landlords that will require them to adjust their leases and leasing practices.
Rules for Rental Agreements under the CCRTLO
Section 804 – Rental Agreements
After a bit of a break to get landlords back in the game in the fight against rent control, it is finally time to get into the meat of the new Cook County Residential Tenant and Landlord Ordinance (CCRTLO). We’ll take a look at Section 42-804 which governs leases and rental agreements. Section 5-12-140 of the CRLTO has a nine point section governing rental agreements but the CCRTLO goes much further.
File a witness slip against rent control law
Oppose Rent Control Landlords who are not in favor of the repeal of the law prohibiting the imposition of rent control by local governmental bodies should file yet another witness slip in opposition to HB116 – House Committee Amendment 1. Even if you submitted a witness slip against the original bill, a witness slip against … Read more