The RLTO, or landlord and tenant right and obligation in Chicago, sets out certain expectations and responsibilities for both parties. The eviction process is one of the most stressful, but the ordinance protects both sides from eviction. Despite the protection offered by the RLTO, many tenants do not fully understand their rights.
The RLTO regulates payment of security deposits. For example, if the tenant has been living in the rented apartment for more than six months, the landlord must pay the interest on the deposit in cash or a credit applied to the rent. This must be done within 30 days of the rental period’s end. One of the most common Chicago tenants’ rights violations is the failure to pay the tenant’s interest. When the tenant renews the lease, the landlord will usually fail to do so, which can be a cause for the lease to be terminated.
A landlord must notify his tenant that he has appointed an authorized agent to receive service, notices, and demands. A landlord must also provide the tenant with information about recycling programs and other local resources. A landlord can’t threaten a tenant with a lawsuit for breaking the lease, and a tenant has the right to terminate the lease and get back one month’s rent and attorney’s fees. It’s important to be aware of all your rights and obligations under the RLTO.
The RLTO also governs payment of interest. A landlord who holds a security deposit for more than six months must pay the tenant interest on the deposit within 30 days of the tenant’s 12-month rental period. In the event of non-delivery of possession, the tenant has the right to cancel the rental agreement and get the security deposit back. If the landlord fails to deliver the possession of the apartment, the tenant has the right to sue the landlord for the delinquent amount.
The Residential Landlord and Tenant Ordinance in Chicago set out the rights and responsibilities of the landlord and the tenant. The RLTO spells out the responsibilities of each party and provides remedies for both parties. It defines the rights and responsibilities of both parties and covers illegal lease clauses. For more information, visit the website of the RLTO. Once you have read it, you’ll know the importance of protecting your legal rights.
The RLTO is the state’s main legislation governing landlord and tenant rights and obligations in apartments. It requires landlords and tenants to comply with certain requirements, maintain the premises, and provide certain services. The RLTO also specifies the rights and obligations of the parties. In addition to these laws, a lease contains additional provisions, which are outlined in the ordinance. However, the law still does not cover all aspects of a lease, including a security deposit. For more details on this ask your local landlord and tenant attorney in Chicago.