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Updated over 4 years ago on .

User Stats

179
Posts
122
Votes
Christopher Malone
  • Investor
  • Chicago, IL
122
Votes |
179
Posts

Chicago Landlords! Oppose the Proposed Amendments to RLTO!

Christopher Malone
  • Investor
  • Chicago, IL
Posted

The Chicago City Council is on its way to making major changes to residential rental laws that will hurt the market (Listen to the latest update here https://soundcloud.com/chicago...):

  • Increase lease non-renewal notice requirement up to 120 days (4 months!) from the current 30-day requirement.
  • Allow tenants much more time to stop eviction proceedings after months of non-payment.
  • Further, the public was only provided 2 hours notice before this proposal was voted on in Committee.

To learn more before responding, check out CAR's blog post on the topic here: https://chicagorealtor.com/take-action-oppose-the-proposed-amendments-to-rlto/
To respond to the Call For Action (1-minute) click here: https://www.votervoice.net/ILRealtors/campaigns/74776/respond.

Thanks for your support!