March 2020 Advocacy Update
Affordable Requirements Ordinance Update The City has commissioned an Affordable Requirements Ordinance (ARO) Task Force, to recommend changes and updates to the current ARO. Their recommendations, due by June, are […]
Commercial REALTORS®: Be on the Lookout for Letters from Assessor Kaegi
You or your clients may have received a letter from Assessor Fritz Kaegi’s office regarding information about the Real Property Income and Expense (RPIE) online tool. The letter is seeking […]
Just Housing Amendment: Resources & Issue Summary
To view CAR’s full issue summary, including the amendment’s impact on the real estate industry, our stance, news and more, click here.
Cook County Releases More Just Housing Amendment Resources: Ensure You’re in Compliance
Following a lengthy rulemaking process, the Cook County Board adopted a set of rules for the Just Housing Amendment which took effect on December 31, 2019. The Cook County Human […]
Winter Government Affairs Update
In April 2019, the Cook County Commissioners approved a Just Housing Amendment (JHA). The intent of the ordinance is very clear: prevent housing discrimination among persons with a criminal background. […]
FAQs Released for Just Housing Amendment
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 […]
2020 FHA Loan Limits Now Available
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 […]
January 2020 Advocacy Update
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 […]
New 2020 Lease & Security Deposit Interest Rates Now Available
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 Laws Impacting Your Business As of Jan. 1
New year, new decade, new laws – be sure you’re in compliance! Here’s what will impact your business starting Jan. 1, 2020: Learn more about the new laws in Illinois […]
Marijuana + Property Management: The Info + Resources You Need
As of January 1, 2020, recreational consumption, possession, and sales of cannabis products are legal in Illinois for people over the age of 21. Illinois is the 11th state in […]
December 2019 Government Affairs Update
JUST HOUSING ORDINANCE UPDATE Following a lengthy rulemaking process, on Thursday, November 21, the Cook County Board adopted a set of rules for the Just Housing Amendment which will take effect […]