Illinois REALTORS® has made available the following FAQs regarding the Just Housing Amendment. When processing applications for rental housing, what are new and/or different requirements? Housing providers cannot include a checkbox within initial housing application materials indicating whether a person…
The FHA released its loan limits for 2020 on December 3, 2019, with just about every county seeing an increase in the highest and lowest-cost loan limits. Loan limits are calculated so that all counties in one Metropolitan Statistical Area…
JUST HOUSING AMENDMENT UPDATE The new rules for the Just Housing Amendment have taken effect, although enforcement begins January 31. This amendment expands the Human Rights section of Cook County municipal law to protect individuals with a criminal background when…
The Chicago residential lease has been updated for 2020 with the new security deposit interest rates. Ensure you are using the new lease, which is editable, available here. Review the new state and City of Chicago security deposit interest rates here.…
New year, new decade, new laws – be sure you’re in compliance! Here’s what will impact your business starting Jan. 1, 2020: License Law: On August 9, 2019, Governor JB Pritzker signed Public Act 101-0357 into law. This updated the…