This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Illinois Top Leasing Prohibition
Category:
State:
Multi-State
Control #:
US-OG-838
Format:
Word;
Rich Text
Instant download
Description
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FAQ
The short answer to whether you can enact limits on renting condo units in Chicago is yes. Associations can restrict owners from leasing their units entirely or enact other restrictions to limit the amount of rentals within the association.
It should go without saying, but a landlord cannot threaten tenants. Verbal threats, threats of physical violence, or actual physical contact are all examples of landlord harassment.
Landlords cannot raise the rent or retaliate in any other way because a tenant complained about a building or health code violation. Landlords also cannot evict a tenant because the tenant asked them to make repairs, joined a tenants' organization, or acted on any legal right or remedy.
? Summary. Creates the Tenant Protection Act. Provides that a landlord may increase the rent no more than once every 12 months, by an amount no greater than the percentage change in the Consumer Price Index for the same 12-month period or 3%, whichever is lower.
Illinois landlords can't raise the rent during the term of a long-term lease unless the lease specifically allows them to do so. There's no Illinois law stating specifically how much notice a landlord must give to increase rent when a tenant is renting month-to-month.
Is Illinois A Landlord Friendly State? Yes, as noted above, Illinois is one of the most landlord friendly states in the country. Illinois has reasonable laws regarding rental properties. If you are in Chicago, the climate does switch to a more tenant friendly situation with regard to the law.
The 2023 update to Illinois eviction laws introduces changes to tenant rights and protections, aiming to create a more secure rental environment. These changes may include additional notice requirements, limitations on eviction reasons, and extended eviction timelines.
Illinois does not have a rent control law. Therefore, your landlord can raise your rent as much as he/she deems necessary. However, you should contact your local units of government to see if your city or county has a rent control ordinance.
