KSN landlord/tenant attorney Jessica Ryan discusses the addition of source of income as a protect class to Illinois Fair Housing law and the impact on Chicagoland and Illinois landlords.
Jessica reviews how this legal update affects tenants, Section 8 housing vouchers, screening, inspections, property management, and more. (21 mins.)
The KSN Podcast examines various aspects of … Read More ›
Each year the City of Chicago Comptroller is required to review and set the rate of interest to be paid on security deposits for residential lease agreements.
As recently announced on the City of Chicago website, the rental agreement security deposit interest rate is set at 0.01% from January 1, 2023 through December 31, 2023.
Here is the … Read More ›
The Chicago Residential Landlord & Tenant Ordinance (RLTO) was created to regulate residential leasing agreements for most properties within city limits. Awareness of the Ordinance’s requirements is an essential component of owning and/or managing rental property in Chicago.
The City of Chicago recently issued an updated RLTO summary that, effective immediately, must be attached to new leases … Read More ›
If you are a landlord in the city of Chicago, then you probably know how crucial a strong lease agreement is to your success. This is the second of a two-part article series intended to provide an overview of necessary lease addendums; and highlight those that are required by the infamous Chicago Residential Landlord and … Read More ›