the wasserblawg

Declining property values over the past several years have caused many property owners into reluctant landlords. The difficult lending climate has turned many would-be home buyers into  temporary tenants. Whichever side of the Landlord-Tenant relationship a person finds himself on, at least some familiarity with local landlord-tenant statutes is worth while. City of Chicago landlords and prospective tenants ought to take note of a newly enacted provision of the State of  Illinois Landlord Tenant Statute. Effective New Years Day, 2012, many landlords in Chicago will be obligated to change or re-key locks for incoming tenants. The law APPLIES to: City of Chicago Landlords Who rent residential dwelling units In buildings with 4 or more residential units, OR fewer, if the Landlord does not live in the building.  The law EXEMPTS Owner-occupied buildings with 4 or fewer apartments Written leases that obligate the tenant  to change or re-key the locks Rentals of a singe