Are Suburban Landlords Ready?Like it or not, it is June 1, 2021 and the Cook County Residential Tenant and Landlord Ordinance is now in full effect. Between the time the ordinance was passed and now, lawyers and politicians have discussed this ordinance in a number of forums. I wanted to provide a few quick thoughts on two issues I believe housing providers should consider as the ordinance dawns. Continue reading
The Swedish economist Gunnar Myrdal wrote “Rent control has in certain Western countries constituted, maybe, the worst example of poor planning by Governments lacking courage and vision.”
Well, the people trying to “lift the ban” on rent control are back at it Continue reading
Section 42-805 – Tenant Rights.Section 805 of the CCRTLO is entitled “Tenant Rights”. In this section, we have a laundry list of tenant rights beginning with broad basic concepts and continuing on down to some detailed minutia. The opposite of rights are duties and these items definitely impose some obligations on landlords that will require them to adjust their leases and leasing practices. Continue reading
Section 804 – Rental AgreementsAfter a bit of a break to get landlords back in the game in the fight against rent control, it is finally time to get into the meat of the new Cook County Residential Tenant and Landlord Ordinance (CCRTLO). We’ll take a look at Section 42-804 which governs leases and rental agreements. Section 5-12-140 of the CRLTO has a nine point section governing rental agreements but the CCRTLO goes much further. Continue reading
Oppose Rent ControlLandlords who are not in favor of the repeal of the law prohibiting the imposition of rent control by local governmental bodies should file yet another witness slip in opposition to HB116 – House Committee Amendment 1. Even if you submitted a witness slip against the original bill, a witness slip against the amendment should also now be filed.
What a year – So much damage doneIt was one year ago tomorrow on March 20, 2021 that, buy executive order, Governor J.B. Pritzker changed the lives of Illinois housing providers by enacting a moratorium on residential evictions. Since then, like clockwork, the Governor has extended the prohibition 30 days at a time, this last time up until April 2, 2021. And while tenants’ rights Continue reading
Illinois Landlords – Act FastWhat could be better for Illinois landlords than a year-long eviction moratorium after a global pandemic? Rent Control! That’s right. Representative Will Guzzardi is back AGAIN with House Bill 116 – attempting to repeal the Rent Control Preemption Act. If passed, Continue reading
As reported earlier today, J.B. Pritzker again extended the eviction moratorium by another thirty days, this time with an extension to April 3, 2021. Note that April 3, 2021 is a Saturday, so the moratorium is really in place to Monday, April 5, 2021 (The Gov really is a tricky guy). The Governor today signed executive order 2021-05 which both extended the moratorium and also made one additional change to the procedures for evictions. Continue reading
Continuing the trend of extending the executive order prohibiting most residential evictions for “just 30 more days”, CBS is reporting Illinois Governor J.B. Pritzker will once again extend the Illinois eviction moratorium for one more month. Of course, we knew he would do this. Have a great weekend landlords.
Section 803 – DefinitionsIn this installment of breaking down the Cook County Residential Tenant and Landlord Ordinance (CCRTLO), we will look at Section 42-803 which defines certain terms under the ordinance. Okay, I know this one is going to be boring (hence, I’m releasing it on a Friday night and you now have your weekend homework), but there is a silver lining. Some of these definitions (and the comparison and contrast to definitions in the Chicago Residential Landlord and Tenant Ordinance (CRLTO)) will foreshadow future differences we will highlight in the CCRTLO as we delve deeper into its requirements in future blog posts. Let’s begin. Continue reading