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Updated over 4 years ago,

User Stats

1,820
Posts
2,329
Votes
Henry Lazerow
  • Real Estate Agent
  • Chicago, IL
2,329
Votes |
1,820
Posts

Vote against new tenant RLTO in Chicago

Henry Lazerow
  • Real Estate Agent
  • Chicago, IL
Posted

I encourage everyone to respond to this call to action regarding the changes to the RLTO being proposed by the Mayor. This ordinance will impact landlords' ability to renovate their units as well as for new conversions/construction projects to continue within the city of Chicago. 

The proposal:

-Increases the tenant notification of lease termination to 90 days, up from 30 days.

-Mandates that even if the tenant is given proper notice, if a landlord renovates, converts to condominium or demolishes their property within 3 months of the tenant moving out, they will have to pay the tenant a $2500 relocation fee.

Cast your vote against here... https://www.votervoice.net/ILRealtors/Campaigns/74776/Respond

Thank you for your support.

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