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Updated over 7 years ago on . Most recent reply

User Stats

720
Posts
439
Votes
Lumi Ispas
  • Real Estate Consultant
  • Chicago, IL
439
Votes |
720
Posts

City of Chicago - New Ordinance One more doc to add to your lease

Lumi Ispas
  • Real Estate Consultant
  • Chicago, IL
Posted

As a Chicago landlord, are you aware of the city's new recycling ordinance? It went into effect on January 1, 2017, and the city is now enforcing compliance through heavy fines relying on tenants informing the city about non-compliant landlords. The obligation is on you as landlord to provide the following:

1)The four-page ordinance itself. 

2) To make sure all four pages MUST be given to and initialed by BOTH tenants and landlord(s). 

PM me for a copy of the Chicago Recycling Ordinance and/or Chicago Landlord Tenant Summary!

And I am curious, how do you keep track of all the paperwork you have to give to your tenants? I just counted all the pages of the lease, disclosures, summaries, receipts and it came to 31 pages, not including copies of the checks and application! How do you simplify your paperwork?

Most Popular Reply

User Stats

688
Posts
367
Votes
Elbert D.
  • Real Estate Entrepreneur / Investor
  • Chicago, IL
367
Votes |
688
Posts
Elbert D.
  • Real Estate Entrepreneur / Investor
  • Chicago, IL
Replied

I'll like a copy of that. Thanks for that update and informing everyone. The REIA meeting I went to last week went over this. We really shouldn't allow the government to dictate what and how we do. Can't we fight this??? @Lumi Ispas

  • Elbert D.
  • Loading replies...