Chicago tenants and landlords are bound by the Residential Landlord and Tenant Ordinance, which sets out both sides’ rights and responsibilities. The RLTO can be downloaded from the city’s website, and can help Chicagoans understand what their legal rights and obligations are. Here are some basic rights and responsibilities for both sides: In Chicago, landlords must allow tenants to sublet their units, but they cannot unreasonably withhold permission or charge additional fees.
Regardless of the type of housing contract, tenants have the right to be in a safe, habitable apartment or house. If the landlord is negligent, they could be liable for the injuries they caused to themselves or their families. In some cases, a negligent landlord can even cause a death. It is up to tenants to take action against their landlords when they believe they have been mistreated or neglected by them.
As a landlord, you have an obligation to maintain the unit you rent. It is also your duty to make repairs to keep the premises livable for tenants. Failure to do so may result in a lawsuit for failure to pay rent. The RLTO also outlines remedies for landlords and tenants that can result from illegal lease clauses and security deposits. It is essential that both parties follow the law to avoid costly litigation and disputes with tenants.
While the RLTO may be confusing, it is a good starting point for navigating landlord-tenant law in Chicago. The RLTO protects both landlords and tenants. It is applicable to most apartment buildings in Chicago except for those with six or fewer units. It also extends to some buildings where there are no tenants. This ordinance is important for both parties, as it gives tenants the right to receive a jury trial if they are wronged.
The RLTO also regulates the payment of interest. A landlord who holds a security deposit for more than six months must pay interest on that deposit. The RLTO requires that the landlord pay the interest either in cash or in credit applied to the tenant’s rent. It is important to note that a security deposit is one of the biggest risks of renting a property. A violation of this rule can have severe consequences. In Chicago, you must abide by these laws when renting a property. For more details on this ask local Chicago landlord and tenant attorney in your area.
The RLTO also regulates the payment of interest. A landlord can’t hold a security deposit for more than six months. If a tenant has a security deposit for more than a year, the landlord must pay it to the tenant within ten days. This means that a landlord must pay the amount of interest within a few months of the tenant’s 12-month rental period. If the landlord holds a security deposit for more than six months, he must pay it to the person who originally held it.