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Category Archives: CRLTO
City of Chicago holds line on 2020 Security Deposit Interest Rate to no one’s surprise
CRLTO 2020 interest rate on security deposits Chicago Residential Landlord Tenant Ordinance 5-12-080
Posted in CRLTO, interest
Tagged Chicago security deposit interest
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2019 Chicago Security Deposit Interest Summary Available
2019 CRLTO Interest Rate Summary The City of Chicago has finally released the separate interest rate summary for Chicago RLTO governed leases for 2019. Remember, Chicago landlords governed by the Chicago Residential Landlord and Tenant Ordinance are required by Section … Continue reading
Posted in CRLTO, interest, Interest Rate, Security Deposit
Tagged interest rate summary
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2019 Chicago Security Deposit Interest Rate Released
2019 CRLTO Chicago RLTO Security Deposit Interest Rate
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Early word on 2019 City of Chicago Security Deposit Interest Rate
The City of Chicago Comptroller sets the 2019 security deposit interest rate for CRLTO leases under the RLTO
Landlord tries to enforce early termination clause
CBS Chicago Channel 2 presented a story yesterday about a management company that is attempting to mass-terminate the leases of tenants in a building it allegedly intends to renovate. At issue is a provision of the lease seemingly allowing the … Continue reading
Posted in CRLTO, Lease
Tagged early termination
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Seattle landlords selling their properties – could it happen here?
The University of Washington just released a rental housing study commissioned by the City of Seattle that the Rental Hosing Association of Washington says “supports what landlords have been telling [Seattle] officials for years”. Among the findings were the following: … Continue reading
Posted in CRLTO
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City of Chicago releases CRLTO 2018 Interest Summary
For all leases governed by the Chicago Residential Landlord and Tenant Ordinance (RLTO), Section 5-12-170 requires that a landlord attach a summary of the ordinance and an interest rate summary to the lease. The City of Chicago has finally released … Continue reading
Posted in CRLTO, Disclosures, interest
Tagged summary
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The Landlord’s Right to Access in Chicago
A landlord’s right to access under the Chicago Residential Landlord Tenant Ordinance.
Alderman Propose Chicago Landlords Protect Immigrants
City makes landlords bear the brunt of “Sanctuary City” status It was reported in the Chicago Sun Times last week that Chicago would impose obligations on landlords to help illegal immigrants affected by the Trump executive order repealing DACA. Last … Continue reading
Posted in CRLTO, Fair Housing
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City clarifies confusion about CRLTO summary
Chicago Landlords Catch A Break Please Note: The summary now says “Approved by the Cirty of Chicago, June 2013; summary revised 2016” – always check to be sure you are using the latest summary! In April, I reported being disturbed … Continue reading
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