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Cook County Treasurer Announces Two Months Grace Period on Late Fees

Treasurer Maria Pappas has announced a two-month grace period on late fees for the first installment of property taxes. The first installment deadline is due on March 2, but property […]

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Cook County’s Board Passes Residential Tenant and Landlord Ordinance

On Thursday, January 28, the Cook County Board passed the Residential Tenant and Landlord Ordinance (RTLO). The Chicago Association of REALTORS® and Illinois REALTORS® worked with the Zoning and Board […]

Have an Appraisal Discrimination Story? We Want to Hear It

As you know, negative appraisals can do harm to the community where the home is located. Have you or a client experienced appraisal discrimination during a transaction? We’re gathering your […]

Accessory Dwelling Units Ordinance Passes City Council

This blog was updated as of January 2021. First deemed illegal in 1957, the City of Chicago has reversed course – Accessory Dwelling Units (ADUs), also referred to as Accessory […]

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New 2021 Residential Lease & Security Deposit Interest Rates Now Available

The 2021 Chicago Residential Lease is now available on our Forms & Contracts webpage. The 2021 version includes the 2021 Security Deposit Interest Rate Sheet published by the City of […]

Proposed 2021 Real Estate License Act Changes

The Secretary of State has proposed new administrative rules to the Real Estate License Act, which can be read in full here. Here are the top proposed rules that you […]

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Congress Approves New COVID-19 Relief Package Including Rental Assistance

On Sunday, December 20, Congress approved a $900 billion COVID-19 relief bill. The agreement includes rental relief, additional funding for loans, simplified forgiveness for SBA loans and direct payments to […]

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Governor Pritzker Extends Eviction Moratorium Until January 9

Governor Pritzker announced on Friday, December 11 that the eviction moratorium would be extended another month until January 9, 2021. The modifications include specific language regarding a minimum of 5-day […]

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First Installment of 2021 Cook County Property Taxes Available Online

The first installment of Cook County’s 2021 property taxes are now available online for payment. The first installment of tax year 2020 is 55% of the previous year’s total tax […]

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Coffee With Your GADs December 2020 Recap

Each month, the Chicago Association of REALTORS® hosts Coffee With Your GADs to keep you updated on what is happening in the government that affects your business. Watch the playback from our […]

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Chicago Association of REALTORS® Vigorously Opposed Property Tax Hike and FY’21 Budget which Passed the City Council on Tuesday, November 24, 2020

The Chicago Association of REALTORS® (CAR) opposed the FY’21 budget which included an increase to fees, fines, the gasoline tax and most importantly, a property tax increase. The property tax […]

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What You Need to Know About Governor Pritzker’s Latest Executive Order Regarding Residential Evictions

UPDATE February 10, 2021: On February 5, executive order 2020-72 was re-issued and extended until March 6, 2021. On Friday, Nov. 13, Governor J.B. Pritzker, seeking to “balance the rights […]