Covid-19 Change or Just a Change?
UPDATE: A version of this law has passed the City Council. Today, May 20, 2020, Mayor Lightfoot has introduced a measure to radically change, dare I say, hundreds of years of common law and forty years of Chicago law with respect to the termination of a lease and/or a tenancy. These rules may be INSPIRED by Covid-19, but there is no indication that they will be repealed or removed once the threat of the Coronavirus is just a memory. The proposed ordinance will change the amount of advance notice landlords need to give to tenants to terminate a lease or tenancy and to introduce new requirements that landlords provide relocation assistance (a nice thing to call a payment) to tenants. Let’s take a dive into the proposed law.