Pursuant to the Chicago Residential Landlord and Tenant Ordinance (CRLTO), a landlord is obligated to pay interest on monies held (for six months or more) to the tenant within 30 days after the end of each 12-month rental period by cash or credit to be applied to the rent due. For … Read More ›
As a landlord, you probably know that finding the perfect renter is just half the battle. The other half is trying to make sure that perfect renter pays on time. So, what do you – the landlord – do when you stop receiving that rent check?
Below is a quick checklist you … Read More ›
Chicago Heat Ordinance
The Department of buildings enforces the Chicago Building Code, which includes the Chicago Heat Ordinance. The Heat Ordinance mandates that during cold weather months landlords supply heat to rental units or to any unit where owners do not have individual control of the heat.
From September 15th through June 1st, … Read More ›
Unfortunately, there are time when the landlord/tenant relationship can be contentious. The tenant did not pay their rent on time, caused a disruption with the other tenants and/or the Landlord, etc.. Accordingly, eviction proceedings may have started and the tenant disappears, leaving the keys behind at the Unit. What should the Landlord do? Below are a few options.
It may … Read More ›