MAJOR LANDLORD ALERT: July 16, 2012 is fast approaching! On that date, the March 14, 2012 amendments (published on April 16, 2012 and effective 90 days thereafter) for the amendments to the Chicago Life Safety ordinance requirements for larger buildings go into effect. Life Safety Evaluations are required for buildings taller than 80 feet tall built before 1975 without sprinkler systems which are not used for “transient” uses (such as a hotels).
Keep Chicago Renting Ordinance Text
We have obtained the text of the recently introduced “Keep Chicago Renting” Ordinance that would protect a tenant’s right to remain in a rental unit after a foreclosure. A number of aldermen and the Cook County Sheriff are in support of the proposed ordinance. The law would effectively turn foreclosing banks into landlords. The problems … Read more