The City of Chicago released the final, updated version of the Residential Landlord and Tenant Ordinance (RLTO) Summary as reflected on their website (https://www.chicago.gov/city/en/depts/doh/provdrs/landlords/svcs/residential-landlord-and-tenant-ordinance.html).
This version of the Summary must be attached to all new leases and lease renewals effective immediately.
After the City of Chicago published a “draft” version of a new RLTO Summary on … Read More ›
“Chicago and Cook County Landlord Laws – Comparing the RLTO and RTLO” – KSN landlord/tenant attorney Jessica Ryan discusses important legal updates impacting Illinois landlords and rental property managers.
Topics include the Residential Tenant Landlord Ordinance (RTLO), Residential Landlord Tenant Ordinance (RLTO), local ordinance comparisons (Oak Park, Evanston, Mount Prospect), and more. (55 mins.)
The KSN Podcast … Read More ›
Effective March 11, 2024, the Illinois Housing Development Authority (IHDA) has implemented changes to the Court-Based Rental Assistance Program (CBRAP) which reduces the awards granted to landlords.
As many landlords and rental property managers are aware that during the pandemic, the IHDA offered rental assistance in phases, periodically opening and closing application periods as funds were … Read More ›
A U.S. District Court judge in Alabama recently ruled that the Corporate Transparency Act (CTA) is unconstitutional. The CTA, enacted on January 1, 2021, directs the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) to establish a nationwide database of beneficial ownership of certain corporations and other legal entities, including:
Directors and board members of … Read More ›