Chicago Lease New Flooding Disclosure Questions

[Lindsey Matejak]

Hello, can any Chicago lawyers or property managers shed more light on the new flood disclosure requirements on the RLTO? Specifically, what qualifies as "flooding" to be disclosed. If I have a garden unit in a Zone X (non-flood zone) that experiences some hydrostatic pressure seepage on those huge rain events, does this qualify as flooding? Separately, if I experienced flooding in the past and did major plumbing renovation work to resolve the issue, do I still need to disclose these resolved issues? TIA for your advice!

[Brie Schmidt]

@Lindsey Matejak

Here is a good article written by @Mark Ainley

https://www.gcrealtyinc.com/blog/what-is-the-flood-disclosure-for-leases-in-illinois-