Chicago Residential Lease 2019 V6 · Chicago deemed “Tenant responsibility ” and shall be...

2019 CHICAGO RESIDENTIAL LEASE

IMPORTANT MESSAGE FOR COMPLETING LEASE

• This lease is date sensitive and is up to date with local, county and state law for 2019. Do not

use for subsequent calendar years. The lease will be updated annually.

• The attached lease is in a fillable PDF format to aid in its use.

• The lease must be used in its entirety. The lease, including REQUIRED attachments, is 23 pages.

• Fill in each blank. If not applicable use “N/A” or in the case of no security deposit use “None”.

• Spaces are provided if you as an owner or owner’s agents insist upon taking a security deposit.

Chicago Residential Lease For Apartments, Condominiums, Single Family Homes, and Townhomes

© 2019 by Chicago Association of REALTORS® - All rights reserved This Contract is Intended to be a Binding Real Estate Contract

IMPORTANT: This is a Chicago Association of REALTORS® form lease and is not specifically tailored to the legal requirements of your particular situation. The applicable laws and regulations for residential leases frequently change and differ between municipalities. It is important that you consult with an attorney prior to using this lease. Page 1 / 19

V6.0 2019

Date of Lease Term of Lease Monthly Rent

Lease Beginning Date Lease Ending Date & Time

/ / 2019

Leased Address (Premises):

In consideration of the mutual covenants and agreements herein stated, Landlord(s) hereby leases to Tenant(s) and Tenant(s) hereby leases from Landlord(s) for use as a private dwelling only, the Premises, together with the fixtures and appliances listed below (if any) in the premises, for the above Term of Lease, subject to all the provisions of this Lease.

[Yes] [No] The following are incorporated into the Lease when indicated A Security deposit is being held by Landlord (if any) $

If YES, must complete

Illinois Financial Institution (Name and Address)

where Security Deposit shall be or is held (if any)

Non-Refundable Move-In Fee (if any) $ Pets Permitted (description of any pet permitted during lease): Parking included in lease (space number(s) if any): Additional Storage Location (if any): Furnished? If yes, attach Rider 23 - Furnished Lease Rider

Rent shall include the following (check those that apply): ☐ Water ☐ Electricity ☐ Gas ☐ Basic Cable ☐ Satellite ☐ Internet ☐ Lawn Care ☐ Snow Removal ☐ Other____________________

Personal property owned and provided by Landlord (check those that apply): ☐ Refrigerator ☐ Microwave ☐ Oven/Range ☐ Dishwasher ☐ Washer ☐ Dryer ☐ Other__________________________

Landlord’s Property Insurer (Required for properties with 4 units or more) (Name, Address, and Phone of Homeowner Insurance Company):

Tenant’s Property Insurer, if required by Landlord: (Name, Address, and Phone of Renter Insurance Company):

Identification of Tenant(s): Landlord(s) or Authorized Management Agent: Name(s) Name(s):

Address:

Telephone:

Email: Telephone: Email:

Name(s) of persons authorized to occupy premises: Person authorized to Act on Behalf Of Owner for the Purpose of Service of Process and Accepting Notices:

Name:

Address: Telephone:

IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed, on the day first above written.

Tenant(s): SIGNATURE

Landlord(s): SIGNATURE

Additional Agreements and Covenants:

/ 19 Tenant Acknowledgement ________ ________ ________

Lead-Based Paint and Radon Disclosures (Separate Documents)

Lead-Based Paint Hazard Disclosure: ☐ Applicable ☐ Not Applicable

Disclosure of Radon Hazards: ☐ Applicable ☐ Not Applicable The parties acknowledge they have received and executed separately the above applicable disclosure(s).

Landlord: ________________________________ Date: ________________

Landlord: ________________________________ Date: ________________

Tenant: _________________________________ Date: ________________

Tenant: _________________________________ Date: ________________

Tenant: _________________________________ Date: ________________ Heating Cost Disclosure The cost of heating is the responsibility of the ___Tenant ___ Landlord. The average monthly cost of utility service projected by the utility providing the primary source of heat (heating supply) based on energy consumption during the most recent annual period of continuous occupancy by one or more prior occupants, current or expected rates and normalized weather by the method approved by the Illinois Commerce Commission is $__________________.

Tenant Acknowledgment _________ _________ _________

Notice of Conditions Affecting Habitability

☐ None Known ☐ See Attached

I hereby acknowledge that Landlord has disclosed any code violations, code enforcements litigation and/or compliance board proceedings during the previous 12 months for the Premises and common areas and any notice of intent to terminate utility service, copies of which, if any, are attached to the lease.

Tenant Acknowledgment _________ _________ _________ Tenant hereby acknowledges receipt of the following: X City of Chicago Building Code Violations (if any) X Preventing Bedbug Infestations in Apartments Pamphlet X Protect Your Family From Lead in Your Home Pamphlet X Radon Testing Guidelines Pamphlet X City of Chicago Residential Landlord and Tenant Ordinance Summary X Residential Landlord and Tenant Ordinance Rate of Interest on Security Deposits ____ Heating Cost Disclosure (if applicable) Security Deposit Receipt (if applicable) Condominium Association Rules & Regulations (if applicable) Landlord’s Recycling Procedures (Required for buildings with 5 or more units)


LEASE COVENANTS AND AGREEMENTS 1. Application. Tenant covenants that all representations made in the Application for this Lease are incorporated into this Lease and made a part of it. Tenant covenants that all information contained in the Application is true and that this information was given as an inducement for Landlord to enter into this Lease, and therefore constitutes a material covenant.


2. Tenant Inspection Prior to Occupancy: Building Code Violations. Tenant has inspected the Premises and all common areas of the property to which Tenant has

lawful access during the Lease Term, and is satisfied with their general condition and appearance. Tenant acknowledges that there have been no representations, promises or other undertakings by Landlord, or any agent of Landlord, made to induce Tenant to enter into this Lease, except those expressly made in writing, relative to the repairs, decorating, additions to, or removal of any portion of the Premises or of the property. Tenant further acknowledges that attached hereto are copies, if any, of notices received from the City of Chicago during the twelve months prior to the date hereof concerning code violations, and copies of notices from any utility provider regarding termination of utility services.


3. Tenant Responsibility Regarding Bed Bug Infestation. Tenant shall be responsible for all requirements and obligations set forth in the Municipal Code of Chicago deemed “Tenant responsibility” and shall be liable for any and all damages which may occur as a result of Tenant’s failure to strictly abide by any requirement as set forth in the Municipal Code of Chicago concerning any duty, condition, or responsibility required of Tenant with regard to reporting, treatment, or cooperation with Landlord in regards to Bed Bug infestation.

Tenant Acknowledgment _________ _________ _________ 4. The Rent. Tenant shall pay the Monthly Rent to Landlord or Landlord's agent on the first day of each month as set forth herein. 5. Late Fee. The Monthly Rent shall be automatically increased $10, plus 5% of the amount by which the Monthly Rent exceeds $500, as additional rent, if received by Landlord after the 5th of the month for which it is due. 6. Returned Bank Items. If any check or other bank instrument tendered for payment of any tenant obligation hereunder is returned for insufficient funds, Tenant shall pay Landlord a $_____ fee as additional rent. Landlord shall further have the right to demand that any such returned item be replaced by a cashier's check or money order. If Tenant tenders more than two checks or bank drafts during the term of this Lease which are returned for insufficient funds, Landlord shall have the right to demand that all future obligations hereunder be paid by cashier's check or money order. 7. Possession. Landlord shall deliver possession of the Premises to Tenant on the Beginning Date of the Lease. If Landlord is unable to deliver possession to Tenant on such date, this Lease shall remain in full force and effect except that the Monthly Rent shall be abated pro rata until possession is delivered, unless Tenant elects to maintain an action for possession of the Premises or, upon written notice to Landlord, elects to terminate this Lease. 8. Security Deposit. (If applicable). If Landlord has accepted the Security Deposit to insure Tenant's specific performance of each and every agreement, covenant, rule and obligation contained in this Lease, Landlord shall have the right, but not the obligation, to use the Security Deposit in whole or part, as a setoff against any default, either in payment of rent or other breach, which results in any loss to Landlord. If Tenant has complied with all obligations under this Lease, Landlord shall, within 45 days after Tenant vacates the Premises, refund the Security Deposit. The Security Deposit shall be held in a Federally Insured interest bearing account in a bank, savings and loan association, or other financial institution located in the State of Illinois. Interest on the Security Deposit shall be paid at the rate set by the City Comptroller for security deposits held more than six months and may be paid to Tenant either directly or by credit in the form of a rent reduction. The Security Deposit shall not be allocated by Tenant toward payment of rent. 9. Use of Premises. The Premises shall be occupied exclusively for residential purposes by Tenant and the other persons specifically listed in the Application and any children which may be born to or in the legal custody of Tenant during the Lease term. Unless agreed to in writing by Landlord, no person may occupy the Premises for more than a single two week period, during any single year of the Lease term unless listed in the Application. Neither Tenant nor any person in legal occupancy of the Premises shall perform or permit any practice which could cause damage to the reputation of the building or Landlord, be injurious thereto, illegal, immoral, or increase the rate of insurance on the property. At no time during the Term of this Lease shall more persons reside in the Premises than would be permitted by the applicable building and/or zoning codes for the City of Chicago.

Use of Premises as a Shared Housing Unit (as that term is defined in Section 4-14-010 of the Municipal Code of Chicago) (check one)

☐ Shared Housing Units, AirBNB and/or rooms for rent ARE ALLOWED under this Lease. If checked, Shared Housing Acknowledgement must be attached and signed.

☐ Shared Housing Units, AirBNB and/or rooms for rent ARE NOT ALLOWED under this Lease. At no time shall Tenant enter into short-term subleases, rooms for rent, or


AirBNB agreements or leases. Such agreements will be considered a breach of Lease and cause for termination. 10. Tenant Maintenance Obligations. Tenant shall maintain the Premises in a clean, presentable and safe condition at all times and in accordance with all health, safety and building code regulations. At the termination of this Lease and upon surrender of the Premises, all fixtures, appliances and personal property of Landlord shall be in the same condition as they were on the Beginning Date, normal wear and tear excepted. Landlord may at its sole option use all or part of the Security Deposit (if any) to repair and/or replace any damage to Landlord's property caused either directly by Tenant or by Tenant's negligence. 11. Sublease. Tenant shall not sublease this Lease without the prior written consent of Landlord, which shall not be unreasonably withheld. Landlord may require Tenant to enter a formal written sublease agreement. Any sublease of this Lease shall not release Tenant from Tenant's obligation hereunder, until the full, specific performance and satisfaction of each and every agreement, covenant and obligation hereunder. Tenant shall be liable for any monetary and non-monetary breaches of this Lease caused by Tenant's subtenant. 12. Assignment. Tenant shall not assign this Lease without the prior written consent of Landlord 13. No Alterations. Tenant shall not make or cause to be made any alteration or addition to the Premises, without the prior written consent of Landlord, and shall under no circumstances install any additional lock or security device to the Premises or the property which could impair Landlord's access. 14. Right of Access by Landlord. Tenant shall permit reasonable access to Landlord, and any of Landlord’s invitees, agents, or contractors, in accordance with local statues and ordinances, upon receiving 2 days’ notice by mail, telephone, written notice or other means designed in good faith to provide notice. Landlord shall have immediate access to the Premises in case of emergency and where repairs or maintenance elsewhere in the building unexpectedly require such access. Landlord shall give Tenant notice of such entry within two days after such entry. 15. Right of Access to Show Premises to Prospective Tenants and Purchasers. Landlord shall have the right to show the Premises to all prospective Tenants and purchasers, and any of Landlord's other invitees, in accordance with local statutes and/or ordinances. Tenant shall permit reasonable access to Landlord upon receiving 2 days’ notice by mail, telephone, written notice or other means designed in good faith to provide notice. With such notice, Landlord shall also have the right to access the Premises to take photographs/video of the Premises for marketing purposes. Tenant shall be liable for any damages caused to Landlord for failure to cooperate under this provision. Tenant shall not interfere with Landlord's efforts to lease, market, or sell the Premises, and Tenant shall be liable for any damages caused by breach of this provision. 16. Holding Over. Tenant shall be liable for double the Monthly Rent in the event that Tenant retains possession of all or any part of the Premises after the Ending Date of this Lease. Landlord may at its sole option, upon written notice to Tenant, create a month to month tenancy between Landlord and Tenant under the same terms and conditions of this Lease. Additionally, if Tenant retains possession of all or any part of the Premises after the Ending Date of this Lease and pays less than double the Monthly Rent and Landlord accepts payment, this shall become a month to month tenancy, and not a year to year tenancy, between Landlord and Tenant under the same terms and conditions of this Lease. 17. Heat and Water. If heat is included in the Monthly Rent, Landlord will provide the supply of heat at no additional cost to Tenant during the winter months, at a level prescribed by statute or local ordinance. Water in reasonable quantities, strictly for residential use, is included in the Monthly Rent. 18. Utilities. Tenant is responsible for the provision and direct payment to utility providers for the utilities NOT included in the rent as outlined on page one of the Lease. Tenant is required to establish accounts with the utility providers no later than the Lease Beginning Date set forth on page one. Should Landlord become obligated for payment of any utility for which Tenant is liable under the terms of this Lease, such payment by Landlord shall become an additional rent payment due and payable by Tenant. 19. Damages and Negligence. Tenant shall be liable for any damage done to the premises as a result of Tenant's or Tenant’s invitees, guests, or others authorized to reside in the Premises direct action, negligence or failure to inform Landlord of repairs necessary to prevent damage to the Premises. 20. Abandonment. The Premises shall be deemed abandoned when the criteria set forth in the Chicago Residential Landlord/Tenant Ordinance have been met, and Landlord shall have the right to relet the Premises and dispose of Tenant's possessions in the manner prescribed by law. 21. Notices. Any legal notice or demand may be served by tendering it to any person thirteen years old or older residing on or in possession of the Premises; or by certified mail addressed to Tenant, return receipt requested; or by posting it upon the Premises

door, if no authorized person under the Lease is in possession of the Premises. Further, except when a statue or ordinance requires notice to be sent by a particular means, Tenant agrees that all Tenant and building notices may be delivered by electronic communication (e-mail) to any e-mail address listed on page 1 for Tenant. This is including but not limited to, late rent notices, notices of entry, fine notices, building maintenance updates, and lease renewal options. Tenant agrees to inform Landlord immediately in writing of any email address change. 22. Damage or Destruction. If the Premises or any part of the property is destroyed or damaged to an extent that makes the Premises uninhabitable, this Lease may be terminated in accordance with applicable statutes or ordinances. In such an event, Landlord does not undertake any covenant to repair or restore the Premises to a habitable condition. 23. Tenant's Personal Property. Except as provided by applicable law, Landlord shall not be responsible for the loss of any of Tenant's personal property in the Premises or on any part of the property. Tenant shall obtain insurance sufficient to cover all potential losses. 24. Landlord's Title. Tenant shall commit no act which could in any way encumber Landlord's title to the property of which the Premises forms a part. In the event that Tenant does create or cause any encumbrance against the title, it shall be cured within five days after demand by Landlord. Any encumbrance created by Tenant shall constitute a material breach of this Lease. Tenant shall be liable to Landlord for all costs and damages incurred by Landlord, including all legal fees incurred as a result of any breach of this provision, to the extent permitted by statute or local ordinance. 25. Legal Expenses. Tenant shall be liable for all legal fees and costs incurred by Landlord as a result of Landlord's efforts to enforce any provision of this Lease, to the extent permitted by court rules, statute or local ordinance. 26. Litigation Escrow. In the event that Tenant withholds rent in excess of that allowed by statutes or local ordinance, and Landlord institutes a lawsuit in Forcible Entry and Detainer to regain possession of the Premises, or in contract to enforce any provision of this Lease, Tenant shall place such excess rent with the Clerk of Circuit Court, pending disposition of the lawsuit. 27. Surrender of Possession. Tenant shall surrender possession of the Premises and return the keys to Landlord or Landlord's agent, immediately upon expiration of this Lease, or upon termination due to Tenant's breach. Surrender of possession shall also be deemed to have occurred if Tenant returns the keys to Landlord prior to the expiration of this Lease. 28. Subordination of Lease/Estoppel. This Lease is subordinate to all mortgages upon the property of which the Premises forms a part, either in place at the time of Lease execution, or which may be placed upon the property at any time during the term of this Lease. Tenant shall execute any estoppel letter required by any mortgage lender or purchaser of the property, relative to the affirmation of Tenant's Lease status. 29. Eminent Domain. If all or part of the Premises or the property of which the Premises forms a part is condemned, expropriated or otherwise regulated by any governmental authority in a manner which would prevent lawful occupancy, this Lease shall be terminated and Tenant shall not be entitled to any compensation. 30. Heirs and Assigns. All of the promises, covenants and agreements and conditions contained herein shall be binding upon and inure to the benefit of the heirs, executors, administrators, successors and assigns of Landlord and Tenant. 31. Acceptance of Rent after Tenant Breach. Except where a breach is for non-payment of rent, Landlord may accept rent after a Tenant breach and the rent will be retained for use and occupancy of the Premises and shall not serve to extinguish Landlord's rights or remedies relative to any lawsuit that may be filed or in progress at the time of Tenant breach. 32. Time of the Essence. Time is of the essence for the payment of rent and the performance of each and every covenant, term, agreement and condition of this Lease, and Tenant shall be held in strict compliance with same. 33. Severability. In the event that any provision, paragraph, rule or covenant contained in this Lease is deemed invalid or unenforceable, all remaining portions of this Lease shall survive and be construed in their entirety. 34. Landlord's Remedies. All rights and remedies granted to Landlord hereunder shall be deemed distinct, separate and cumulative and the exercise of one or more thereof shall not waive, extinguish or preclude the exercise of any other right or remedy, unless same is specifically prohibited by court rules, statute or local ordinance. Tenant shall be required to comply strictly with all provisions, covenants and agreements hereunder, and no waiver shall be implied from Landlord's failure to exercise any of its rights or remedies. 35. No Additional Energy Draining Devices. Tenant is prohibited from installing any appliance or device to draw electricity, gas, or any other form of energy from any part of the property other than the Premises. Tenant shall further not install any devices which are not deemed ordinary household appliances or fixtures. 36. Storage. Tenant shall not be entitled to storage space outside the Premises, unless additional storage is specified on page one.


37. Joint and Several Liability. All persons executing this Lease shall be jointly and severally liable for the performance of each and every agreement, covenant and obligation hereunder. 38. Re-Keying of Locks upon Prior Tenant Vacating. Tenant shall have the right to change or re-key the lock(s) to the Premises, and shall promptly provide notice thereof to Landlord. Tenant shall immediately provide Landlord a copy of the key to the new lock. In the event that Tenant fails to give Landlord the new key upon Landlords request, such failure shall be deemed an act by Tenant of Material Non-Compliance under the terms of this Lease. 39. Criminal Activity by Tenant. If Tenant(s) or occupant(s), visitors, or guests on one or more occasions, uses or permits the use of the leased premises for the commission of a felony or Class A misdemeanor under the laws of Illinois, Landlord shall have the right to void the lease and recover the leased premises. 40. Rules and Regulations of Condominium/Homeowners Association. If the premises is a condominium or part of a Homeowners Association, Tenant (and any person occupying the premises and any of Tenant’s guests, invitees, and/or assigns) shall comply at all times with any and all rules, regulations, bylaws, easements, declarations, covenants, restrictions, directions, and/or other provisions of the Condominium/Homeowners Association for the leased Premises. Tenant (and/or Tenant’s assigns) does not obtain any voting rights of Landlord with respect to any matters for which a vote is held by or on behalf of the Condominium/Homeowners Association.

RULES AND REGULATIONS 1. Unless permitted on page one, no animals are permitted on the property and in the Premises without Landlord's prior written consent, which consent is deemed a license revocable with 10 days written notice by Landlord. 2. Entry ways, passages, public halls and common areas may not be obstructed in any way, and may not be used for storage, recreation, congregation or play, or in any manner that might endanger any occupant, invitee or licensee of the building. 3. All deliveries, except for small packages and mail, must be made through the rear or service entrance, or a special entrance designated for special deliveries. 4. Tenant shall not permit anything to be thrown out of the windows or from the balconies of the building.

5. No vehicle or bicycle is allowed in the Premises, building or any common area of the property, unless there is a specific area designated for same. 6. Incinerators and waste receptacles shall be used in accordance with posted signs, and all items placed therein shall be neatly packaged and deposited. No explosive device or any parcel or item shall be deposited therein which could cause danger. 7. No sign or advertisement shall be placed in, around or upon any area of the Premises or building without prior written consent of Landlord, which consent shall constitute a license revocable immediately upon written notice of Landlord. 8. No items of personal property shall be placed in, around or upon any common area of the building. 9. No noise or other sound is permitted which disturbs the other occupants from quiet enjoyment of their apartment or common areas of the property. 10. No cooking, baking or similar activity is permitted outside the kitchen area, except when grills are allowed on the balcony of an apartment. However, any liability or loss arising from the use or operation of a grill shall be borne by Tenant. 11. No vertical or horizontal projection, machinery, device or receiver of any type, including satellite dishes, shall be attached in, around or upon any part of the Premises or the property without Landlord's written consent. 12. No unsightly or unsanitary practice which could undermine the sanitation, health or appearance of the building interior or exterior shall be permitted.

13. No activity carried on within the Premises or common areas of the property will be permitted which threatens the health, safety or property of any building occupant, or of Landlord. 14. Plumbing and electrical facilities in the Premises shall be maintained diligently and neatly at all times. 15. The use of water furniture is prohibited. 16. If the building is served by an elevator, Tenant must reserve move-in and move-out times in accordance with Landlord's policies. 18. These Rules and Regulations are not exhaustive and may be supplemented or modified from time to time upon written notice to Tenant.

Guaranty: On_____________________, in consideration of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned Guarantor hereby guarantees the payment of rent and the performance by Tenant, Tenant's heirs, executors, administrators, successors or assigns of all covenants and agreements of this Lease.

Guarantor: ____________________________________________________

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oxid

e de

tect

ors

with

in te

nant

’s a

partm

ent.

• K

eepi

ng th

e un

it sa

fe a

nd c

lean

. •

Usi

ng a

ll eq

uipm

ent a

nd fa

cilit

ies

in a

reas

onab

le m

anne

r. •

Not

del

iber

atel

y or

neg

ligen

tly d

amag

ing

the

unit.

•

Not

dis

turb

ing

othe

r res

iden

ts.

LA

ND

LO

RD

’S R

IGH

T O

F A

CC

ESS

{M

UN

. CO

DE

CH

. 5-1

2-05

0}

• A

tena

nt s

hall

perm

it re

ason

able

acc

ess

to a

land

lord

upo

n re

ceiv

ing

two

days

not

ice

by m

ail,

tele

phon

e, w

ritte

n no

tice

or o

ther

mea

ns d

esig

ned

in g

ood

faith

to p

rovi

de n

otic

e.

• A

gen

eral

not

ice

to a

ll af

fect

ed te

nant

s m

ay b

e gi

ven

in th

e ev

ent r

epai

r wor

k on

com

mon

are

as o

r oth

er u

nits

may

requ

ire s

uch

acce

ss.

• In

the

even

t of e

mer

genc

y or

whe

re re

pairs

els

ewhe

re u

nexp

ecte

dly

requ

ire a

cces

s, th

e la

ndlo

rd m

ust p

rovi

de n

otic

e w

ithin

two

days

afte

r en

try.

SEC

UR

ITY

DE

POSI

TS

AN

D P

RE

PAID

RE

NT

{MU

N. C

OD

E C

H. 5

-12-

080

AN

D 5

-12-

081}

•

A la

ndlo

rd m

ust g

ive

a te

nant

a re

ceip

t for

a s

ecur

ity d

epos

it in

clud

ing

the

owne

r’s

nam

e, th

e da

te it

was

rece

ived

and

a d

escr

iptio

n of

the

dw

ellin

g un

it. T

he re

ceip

t mus

t be

sign

ed b

y th

e pe

rson

acc

eptin

g th

e se

curit

y de

posi

t. •

How

ever

, if t

he s

ecur

ity d

epos

it is

pai

d by

mea

ns o

f an

elec

troni

c fu

nds

trans

fer,

the

land

lord

has

the

optio

n to

giv

e an

ele

ctro

nic

rece

ipt.

The

elec

troni

c re

ceip

t mus

t des

crib

e th

e dw

ellin

g un

it, s

tate

the

amou

nt a

nd d

ate

of th

e de

posi

t, an

d ha

ve a

n el

ectro

nic

or d

igita

l sig

natu

re. (

eff.

10-8

-10)

•

How

ever

, the

land

lord

may

acc

ept t

he p

aym

ent o

f the

firs

t mon

th’s

rent

and

the

secu

rity

depo

sit i

n on

e ch

eck

or o

ne e

lect

roni

c fu

nds

trans

fer

and

depo

sit s

uch

rent

and

sec

urity

dep

osit

into

one

acc

ount

, if t

he la

ndlo

rd w

ithin

5 d

ays

of s

uch

acce

ptan

ce tr

ansf

ers

the

secu

rity

depo

sit i

nto

a se

para

te a

ccou

nt. (

eff.

10-8

-10)

•

A la

ndlo

rd m

ust h

old

all s

ecur

ity d

epos

its in

a fe

dera

lly in

sure

d in

tere

st-b

earin

g ac

coun

t in

a fin

anci

al in

stitu

tion

loca

ted

in Il

linoi

s. Se

curit

y de

posi

ts an

d in

tere

st th

ereo

n sh

all n

ot b

e co

mm

ingl

ed w

ith th

e as

sets

of t

he la

ndlo

rd.

• A

writ

ten

rent

al a

gree

men

t mus

t spe

cify

the

finan

cial

inst

itutio

n w

here

the

secu

rity

depo

sit w

ill b

e de

posi

ted.

If th

ere

is n

o w

ritte

n re

ntal

agr

ee-

men

t, th

e la

ndlo

rd m

ust i

n w

ritin

g pr

ovid

e su

ch in

form

atio

n to

the

tena

nt w

ithin

14

days

of t

he re

ceip

t of t

he s

ecur

ity d

epos

it. If

the

secu

rity

depo

sit i

s tra

nsfe

rred

to a

noth

er fi

nanc

ial i

nstit

utio

n, th

e la

ndlo

rd m

ust n

otify

the

tena

nt w

ithin

14

days

of t

he tr

ansf

er th

e na

me

and

addr

ess

of

the

new

fina

ncia

l ins

titut

ion.

(eff.

10-

8-10

)

SE

CU

RIT

Y D

EPO

SIT

S A

ND

PR

EPA

ID R

EN

T {M

UN

. CO

DE

CH

. 5-1

2-08

0 A

ND

5-1

2-08

1} (

cont

.) •

A la

ndlo

rd m

ust p

ay in

tere

st e

ach

year

on

secu

rity

depo

sits

and

pre

paid

rent

hel

d m

ore

than

six

mon

ths.

(eff.

1-1

-92)

•

The

rate

of i

nter

est a

land

lord

mus

t pay

is s

et e

ach

year

by

the

City

Com

ptro

ller.

(eff.

7-1

-97)

•

B ef

ore

expe

nses

for

dam

ages

can

be

dedu

cted

fro

m th

e se

curit

y de

posi

t, th

e la

ndlo

rd m

ust p

rovi

de th

e te

nant

with

an

item

ized

sta

tem

ent

of th

e da

mag

es w

ithin

30

days

of t

he d

ate

the

tena

nt v

acat

es th

e dw

ellin

g un

it.

4) R

eque

st th

at th

e la

ndlo

rd c

orre

ct th

e fa

ilure

with

in 2

4 ho

urs

and

if th

e la

ndlo

rd f

ails

to d

o so

, with

hold

the

mon

thly

ren

t an

amou

nt th

at r

easo

n-

ably

ref

lect

s th

e re

duce

d va

lue

of i

ts p

rem

ises

. Ren

t with

hold

ing

cann

ot s

tart

until

afte

r th

e 24

hou

rs e

xpire

s an

d ap

plie

s on

ly to

day

s pa

st th

e 24

-hou

r w

aitin

g pe

riod;

OR

(eff.

1-1

-92)

5)

Req

uest

that

the

land

lord

cor

rect

the

failu

re w

ithin

72

hour

s an

d if

the

land

lord

fai

ls to

do

so, t

erm

inat

e th

e re

ntal

agr

eem

ent.

If t

he r

enta

l

• A

land

lord

mus

t ret

urn

all s

ecur

ity d

epos

its a

nd r

equi

red

inte

rest

, if a

ny, m

inus

unp

aid

rent

and

exp

ense

s fo

r dam

ages

, with

in 4

5 da

ys f

rom

the

agre

emen

t is

term

inat

ed,

the

tena

nt m

ust d

eliv

er p

osse

ssio

n an

d m

ove

out w

ithin

30

days

or t

he n

otic

e of

term

inat

ion

is c

onsi

dere

d w

ithdr

awn.

da

te th

e te

nant

vac

ates

the

unit.

•

I n th

e ev

ent o

f a fi

re, a

land

lord

mus

t ret

urn

all s

ecur

ity d

epos

it an

d re

quire

d in

tere

st, i

f any

, min

us u

npai

d re

nt a

nd e

xpen

ses

for d

amag

es,

with

- in

sev

en d

ays

from

the

date

that

the

tena

nt p

rovi

des

notic

e of

term

inat

ion

of th

e re

ntal

agr

eem

ent.

(eff.

1-1

-92)

•

In th

e ev

ent o

f a s

ale

or a

ny o

ther

dis

posi

tion

of re

side

ntia

l re

al p

rope

rty b

y a

land

lord

, the

suc

cess

or l

andl

ord

is li

able

to th

e te

nant

for

any

sec

u-

rity

depo

sit o

r pre

paid

ren

t pai

d to

the

orig

inal

lan

dlor

d.

The

succ

esso

r la

ndlo

rd m

ust n

otify

the

tena

nt, i

n w

ritin

g, w

ithin

14

days

fro

m th

e di

s-

posi

tion

that

the

depo

sit o

r pre

paid

ren

t was

tran

sfer

red

to th

e su

cces

sor

land

lord

. Th

e or

igin

al l

andl

ord

rem

ains

lia

ble

for t

he d

epos

it or

pre

paid

re

nt u

ntil

the

orig

inal

land

lord

tra

nsfe

rs t

he d

epos

it or

pre

paid

ren

t to

the

succ

esso

r la

ndlo

rd a

nd p

rovi

des

prop

er n

otic

e of

suc

h tra

nsfe

r to

the

tena

nt. (

Mun

. Cod

e Ch

. 5-1

2-08

0 (e

) eff.

5-1

8-10

) •

Subj

ect t

o co

rrec

ting

a de

ficie

nt a

mou

nt o

f int

eres

t pai

d to

a te

nant

on

a se

curit

y de

posi

t if a

land

lord

fai

ls to

com

ply

with

spe

cifie

d se

curit

y de

posi

t req

uire

men

ts t

he te

nant

sha

ll be

aw

arde

d da

mag

es i

n an

am

ount

equ

al to

two

times

the

secu

rity

depo

sit p

lus

inte

rest

. (ef

f. 10

-8-1

0)

W

HA

T A

RE

TH

E L

AN

DL

OR

D’S

GE

NE

RA

L D

UT

IES

UN

DE

R T

HE

OR

DIN

AN

CE

? •

To g

ive

tena

nt w

ritte

n no

tice

of th

e ow

ner’

s or

man

ager

’s n

ame,

add

ress

and

tele

phon

e nu

mbe

r. {M

un. C

ode

Ch.

5-1

2-09

0}

• W

ithin

sev

en (

7) d

ays

of b

eing

ser

ved

a fo

recl

osur

e co

mpl

aint

an

owne

r or

land

lord

of a

pre

mis

es t

hat i

s th

e su

bjec

t of t

he fo

recl

osur

e co

mpl

aint

sh

all d

iscl

ose,

in

writ

ing,

to a

ll te

nant

s of

the

prem

ises

tha

t a fo

recl

osur

e ac

tion

has

been

file

d. T

he o

wne

r or

land

lord

sha

ll al

so n

otify

of a

fore

- cl

osur

e su

it, in

writ

ing,

bef

ore

a te

nant

sig

ns a

leas

e.

{Mun

. Cod

e Ch

. 5-1

2-09

5 ef

f.11-

05-0

8}

• To

giv

e ne

w o

r ren

ewin

g te

nant

s no

tice

of:

1) C

ode

cita

tions

iss

ued

by th

e Ci

ty in

the

prev

ious

12

mon

ths;

2)

Pen

ding

Hou

sing

Cou

rt or

adm

inis

trativ

e he

arin

g ac

tions

; 3)

Wat

er, e

lect

rical

or g

as s

ervi

ce s

hut-o

ffs t

o th

e bu

ildin

g du

ring

entir

e oc

cupa

ncy.

{M

un. C

ode

Ch.

5-1

2-10

0}

• To

mai

ntai

n th

e pr

oper

ty i

n co

mpl

ianc

e w

ith a

ll ap

plic

able

pro

visi

ons

of th

e M

unic

ipal

Cod

e. {

Mun

. Cod

e C

h. 5

-12-

070}

•

To n

ot re

quire

a te

nant

to re

new

an

agre

emen

t m

ore

than

90

days

bef

ore

the

exis

ting

agre

emen

t te

rmin

ates

. (e

ff. 1

-1-9

2)

{Mun

. Cod

e Ch

. 5-1

2-13

0 (i)

} •

To p

rovi

de a

tena

nt w

ith a

t lea

st 3

0 da

ys w

ritte

n no

tice

if th

e re

ntal

agr

eem

ent

will

not

be

rene

wed

. If

the

land

lord

fai

ls to

giv

e th

e re

quire

d w

ritte

n no

tice,

the

tena

nt m

ay r

emai

n in

the

dwel

ling

unit

for 6

0 da

ys u

nder

the

sam

e te

rms

and

cond

ition

s as

the

last

mon

th o

f the

exi

stin

g ag

reem

ent.

(ef

f. 1-

1-92

) {M

un. C

ode

Ch.

5-1

2-13

0 (j)

} •

To n

ot e

nfor

ce p

rohi

bite

d le

ase

prov

isio

ns.

{Mun

Cod

e C

h. 5

-12-

140}

•

Bed

Bug

s-Ed

ucat

ion.

For

any

ren

tal a

gree

men

t fo

r a d

wel

ling

unit

ente

red

into

or r

enew

ed a

fter

the

effe

ctiv

e da

te o

f thi

s 20

13 a

men

dato

ry o

rdi-

nanc

e, p

rior

to e

nter

ing

into

or r

enew

ing

such

agr

eem

ent,

the

land

lord

or a

ny p

erso

n au

thor

ized

to

ente

r in

to s

uch

agre

emen

t on

his

beh

alf

shal

l pro

vide

to s

uch

tena

nt th

e in

form

atio

nal

broc

hure

on

bed

bug

prev

entio

n an

d tre

atm

ent

prep

ared

by

the

depa

rtmen

t of

hea

lth p

ursu

ant

to s

ectio

n 7-

28-8

60. {

Mun

Cod

e C

h. 5

-12-

101}

T

EN

AN

T R

EM

ED

IES

{MU

N. C

OD

E C

H. 5

-12-

110}

M

inor

Def

ects

•

If th

e la

ndlo

rd f

ails

to m

aint

ain

the

prop

erty

in

com

plia

nce

with

the

Cod

e an

d th

e te

nant

or t

he te

nant

’s f

amily

or g

uest

s ar

e no

t res

pons

ible

for

th

e fa

ilure

, the

tena

nt m

ay:

1) R

eque

st in

writ

ing

that

the

land

lord

mak

e re

pairs

with

in 1

4 da

ys, a

nd if

the

land

lord

fai

ls to

do

so th

e te

nant

may

with

hold

an

amou

nt o

f ren

t th

at r

easo

nabl

y re

flect

s th

e re

duce

d va

lue

of th

e un

it. R

ent w

ithho

ldin

g be

gins

fro

m th

e fif

teen

th d

ay u

ntil

repa

irs a

re m

ade;

OR

2)

Req

uest

in w

ritin

g th

at th

e la

ndlo

rd m

ake

repa

irs w

ithin

14

days

and

if th

e la

ndlo

rd f

ails

to d

o so

the

tena

nt m

ay h

ave

the

repa

irs m

ade

and

dedu

ct u

p to

$50

0 or

1/2

of t

he m

onth

’s r

ent,

whi

chev

er i

s m

ore,

but

not

to e

xcee

d on

e m

onth

’s r

ent.

Rep

airs

mus

t be

done

in c

ompl

ianc

e w

ith th

e C

ode.

Rec

eipt

for

the

repa

irs m

ust b

e gi

ven

to th

e la

ndlo

rd a

nd n

o m

ore

than

the

cost

of t

he re

pairs

can

be

dedu

cted

fro

m th

e re

nt;

and

also

3)

File

sui

t aga

inst

the

land

lord

for

dam

ages

and

inju

nctiv

e re

lief.

Maj

or D

efec

ts

• If

the

land

lord

fai

ls to

mai

ntai

n th

e pr

oper

ty i

n co

mpl

ianc

e w

ith th

e C

ode,

and

the

failu

re r

ende

rs th

e pr

emis

es n

ot re

ason

ably

fit

and

habi

tabl

e,

the

tena

nt m

ay r

eque

st in

writ

ing

that

the

land

lord

mak

e re

pairs

with

in 1

4 da

ys.

If af

ter

14 d

ays

repa

irs a

re n

ot m

ade,

the

tena

nt m

ay im

med

i- at

ely

term

inat

e th

e le

ase.

Ten

ant m

ust d

eliv

er p

osse

ssio

n an

d m

ove

out i

n 30

day

s or

tena

nt’s

not

ice

is c

onsi

dere

d w

ithdr

awn.

(e

ff. 1

-1-9

2)

FAIL

UR

E T

O P

RO

VID

E E

SSE

NT

IAL

SER

VIC

ES

(HE

AT

, RU

NN

ING

OR

HO

T W

AT

ER

, E

LE

CT

RIC

ITY

, G

AS

OR

PL

UM

BIN

G)

{MU

N. C

OD

E C

H. 5

-12-

110(

f)}

• If

, con

trary

to

the

leas

e, a

n es

sent

ial

serv

ice

is n

ot p

rovi

ded,

or i

f the

land

lord

fai

ls to

mai

ntai

n th

e bu

ildin

g in

mat

eria

l co

mpl

ianc

e w

ith th

e C

ode

to s

uch

an e

xten

t tha

t suc

h fa

ilure

con

stitu

tes

an im

med

iate

dan

ger

to th

e he

alth

and

saf

ety

of th

e te

nant

, and

the

tena

nt o

r ten

ant’s

fam

ily

or g

uest

s ar

e no

t res

pons

ible

for

suc

h fa

ilure

, afte

r gi

ving

writ

ten

notic

e, th

e te

nant

may

do

ON

E of

the

follo

win

g:

1) P

rocu

re s

ubst

itute

ser

vice

, and

upo

n pr

esen

ting

paid

rec

eipt

s to

the

land

lord

, ded

uct t

he c

ost f

rom

the

rent

; OR

2)

File

sui

t aga

inst

the

land

lord

and

rec

over

dam

ages

bas

ed o

n th

e re

duce

d va

lue

of th

e dw

ellin

g un

it; O

R

3) P

rocu

re s

ubst

itute

hou

sing

and

be e

xcus

ed f

rom

pay

ing

rent

for t

hat p

erio

d. T

he te

nant

may

als

o re

cove

r fro

m th

e la

ndlo

rd th

e co

st o

f sub

sti-

tute

hou

sing

up to

an

amou

nt e

qual

to th

e m

onth

ly r

ent f

or e

ach

mon

th o

r por

tion

ther

eof;

OR

(eff.

1-1

-92)

N

ote:

Rem

edie

s 4)

and

5) m

ay n

ot b

e us

ed if

the

failu

re is

due

to th

e ut

ility

pro

vide

r’s

failu

re t

o pr

ovid

e se

rvic

e.

For t

he p

urpo

ses

of th

is s

ec-

tion

only

, the

not

ice

a te

nant

pro

vide

s m

ust b

e in

writ

ing,

del

iver

ed t

o th

e ad

dres

s th

e la

ndlo

rd h

as g

iven

the

tena

nt a

s an

add

ress

to w

hich

not

ices

sh

ould

be

sent

. If

the

land

lord

doe

s no

t inf

orm

the

tena

nt o

f an

addr

ess,

the

tena

nt m

ay d

eliv

er w

ritte

n no

tice

to th

e la

st kn

own

addr

ess

of th

e la

nd-

lord

or b

y an

y ot

her

reas

onab

le m

eans

des

igne

d in

goo

d fa

ith to

pro

vide

writ

ten

notic

e to

the

land

lord

. (e

ff.1

-1-9

2)

FIR

E O

R C

ASU

AL

TY

DA

MA

GE

{M

UN

. CO

DE

CH

. 5-1

2-11

0 (g

)}

• If

a fi

re d

amag

es t

he u

nit t

o an

ext

ent t

hat i

t is

in m

ater

ial

nonc

ompl

ianc

e w

ith th

e C

ode

and

the

tena

nt, t

enan

t’s f

amily

or g

uest

s ar

e no

t res

pon-

si

ble

for t

he fi

re o

r acc

iden

t, th

e te

nant

may

: 1)

Mov

e ou

t im

med

iate

ly,

but i

f thi

s is

don

e, th

e te

nant

mus

t pro

vide

writ

ten

notic

e to

the

land

lord

of t

he in

tent

ion

to te

rmin

ate

with

in 1

4 da

ys

afte

r m

ovin

g ou

t. 2)

The

tena

nt m

ay s

tay

in th

e un

it, if

it is

lega

l, bu

t if t

he te

nant

sta

ys a

nd c

anno

t use

a p

ortio

n of

the

unit

beca

use

of d

amag

e, t

he re

nt m

ay b

e re

duce

d to

refle

ct th

e re

duce

d va

lue

of th

e un

it.

3) If

the

tena

nt s

tays

, and

the

land

lord

fai

ls to

dili

gent

ly c

arry

out

the

wor

k, th

e te

nant

may

not

ify th

e la

ndlo

rd, i

n w

ritin

g, w

ithin

14

days

afte

r th

e te

nant

bec

omes

aw

are

that

the

wor

k is

not

bei

ng d

ilige

ntly

car

ried

out,

of th

e te

nant

’s in

tent

ion

to te

rmin

ate

the

rent

al a

gree

men

t an

d m

ove

out.

SUB

LE

ASE

S {M

UN

. CO

DE

CH

. 5-1

2-12

0}

• Th

e la

ndlo

rd m

ust a

ccep

t a re

ason

able

sub

tena

nt o

ffere

d by

the

tena

nt w

ithou

t cha

rgin

g ad

ditio

nal

fees

. •

If a

tena

nt m

oves

prio

r to

the

end

of th

e re

ntal

agr

eem

ent,

the

land

lord

mus

t mak

e a

good

fai

th e

ffort

to fi

nd a

new

tena

nt a

t a fa

ir re

nt.

• If

the

land

lord

is

unsu

cces

sful

in

re-r

entin

g th

e un

it, th

e te

nant

rem

ains

lia

ble

for t

he re

nt u

nder

the

rent

al a

gree

men

t, as

wel

l as

the l

andl

ord’

s co

st

of a

dver

tisin

g.

WH

AT

HA

PPE

NS

IF A

TE

NA

NT

PAY

S R

EN

T L

AT

E?

{MU

N. C

OD

E C

H. 5

-12-

140

(h)}

•

If th

e te

nant

fai

ls to

pay

ren

t on

time,

the

land

lord

may

cha

rge

a la

te fe

e of

$10

.00

per m

onth

on

rent

s un

der

$500

plu

s 5

perc

ent p

er m

onth

on

that

par

t of t

he re

nt th

at e

xcee

ds $

500.

00 (

i.e.,

for a

$45

0.00

mon

thly

ren

t the

late

fee

is $

10.0

0, f

or a

$70

0 m

onth

ly r

ent t

he la

te fe

e is

$10

plu

s 5%

of $

200.

00 o

r $20

.00

tota

l) (e

ff. 1

-1-9

2)

WH

AT

HA

PPE

NS

IF A

TE

NA

NT

PAY

S R

EN

T D

UE

AFT

ER

TH

E E

XPI

RA

TIO

N O

F T

HE

TIM

E PE

RIO

D S

ET

FO

RT

H I

N A

T

ER

MIN

AT

ION

NO

TIC

E?

{M

UN

. CO

DE

CH

. 5-1

2-14

0 (g

) CH

. 5-1

2-13

0 (g

)}

• If

the

land

lord

acc

epts

the

rent

due

kno

win

g th

at th

ere

is a

def

ault

in p

aym

ent,

the

tena

nt m

ay s

tay.

L

AN

DL

OR

D R

EM

ED

IES

{MU

N. C

OD

E C

H. 5

-12-

130}

•

If th

e te

nant

fai

ls to

pay

ren

t, th

e la

ndlo

rd, a

fter

givi

ng f

ive

days

writ

ten

notic

e to

the

tena

nt, m

ay te

rmin

ate

the

rent

al a

gree

men

t. •

If th

e te

nant

fai

ls to

com

ply

with

the

Cod

e or

the

rent

al a

gree

men

t, th

e la

ndlo

rd, a

fter

givi

ng 1

0 da

ys w

ritte

n no

tice

to th

e te

nant

, may

term

inat

e th

e re

ntal

agr

eem

ent

if te

nant

fai

ls to

cor

rect

the

viol

atio

n.

• If

the

tena

nt f

ails

to c

ompl

y w

ith th

e C

ode

or th

e re

ntal

agr

eem

ent,

the

land

lord

may

req

uest

in w

ritin

g th

at th

e te

nant

com

ply

as p

rom

ptly

as

con-

di

tions

per

mit

in th

e ca

se o

f em

erge

ncy,

or w

ithin

14

days

. If

the

brea

ch is

not

cor

rect

ed i

n th

e tim

e pe

riod

spec

ified

, the

land

lord

may

ent

er th

e dw

ellin

g un

it an

d ha

ve th

e ne

cess

ary

wor

k do

ne.

In th

is ca

se, t

he te

nant

sha

ll be

resp

onsib

le f

or a

ll co

sts

of re

pairs

. L

OC

KO

UT

S {M

UN

. CO

DE

CH

. 5-1

2-16

0}

This

sec

tion

appl

ies

to e

very

res

iden

tial

rent

al u

nit i

n C

hica

go.

Ther

e ar

e no

exc

eptio

ns.

• It

is il

lega

l for

a la

ndlo

rd to

lock

out

a te

nant

, or c

hang

e lo

cks,

or re

mov

e do

ors

of a

rent

al u

nit,

or c

ut o

ff he

at, u

tility

or w

ater

ser

vice

, or t

o do

an

ythi

ng w

hich

inte

rfere

s w

ith th

e te

nant

’s u

se o

f the

apa

rtmen

t. •

All

lock

outs

are

ille

gal a

nd th

e Po

lice

Dep

artm

ent

is re

spon

sibl

e fo

r enf

orce

men

t ag

ains

t suc

h ill

egal

act

ivity

. (ef

f. 1-

1-92

) (P

olic

e Sp

ecia

l O

rder

93

-12)

•

The

land

lord

sha

ll be

fine

d $2

00 to

$50

0 fo

r eac

h da

y th

e lo

ckou

t occ

urs

or c

ontin

ues.

• Th

e te

nant

may

sue

the

land

lord

to

reco

ver

poss

essi

on o

f the

uni

t and

twic

e th

e ac

tual

dam

ages

sus

tain

ed o

r tw

o m

onth

s’ r

ent,

whi

chev

er i

s gr

eat-

er.

PRO

HIB

ITIO

N O

N R

ET

AL

IAT

OR

Y C

ON

DU

CT

BY

LA

ND

LO

RD

{M

UN

. CO

DE

CH

. 5-1

2-15

0}

• A

tena

nt h

as th

e rig

ht to

com

plai

n or

test

ify in

goo

d fa

ith a

bout

thei

r te

nanc

y to

gov

ernm

enta

l ag

enci

es o

r offi

cial

s, po

lice,

med

ia, c

omm

unity

gr

oups

, ten

ant u

nion

s or

the

land

lord

. A

land

lord

is

proh

ibite

d fro

m r

etal

iatin

g by

term

inat

ing

or th

reat

enin

g to

term

inat

e a

tena

ncy,

inc

reas

ing

rent

, dec

reas

ing

serv

ices

, brin

ging

or t

hrea

teni

ng t

o br

ing

an e

vict

ion

actio

n, o

r ref

usin

g to

rene

w a

leas

e ag

reem

ent.

AT

TO

RN

EY

’S F

EE

S {M

UN

. CO

DE

CH

. 5-1

2-18

0}

• Ex

cept

in e

vict

ion

actio

ns, t

he p

reva

iling

pla

intif

f in

any

act

ion

aris

ing

from

the

appl

icat

ion

of th

is O

rdin

ance

sha

ll be

ent

itled

to re

cove

r al

l cou

rt co

sts

and

reas

onab

le a

ttorn

ey’s

fee

s. (e

ff. 1

-1-9

2)

WH

ER

E C

AN

I G

ET

A C

OPY

OF

TH

E O

RD

INA

NC

E?

• Fo

r a c

opy

of th

e O

rdin

ance

, vi

sit t

he O

ffice

of t

he C

ity C

lerk

, Roo

m 1

07, C

ity H

all,

121

Nor

th L

aSal

le S

treet

, Chi

cago

, Illi

nois

or v

iew

it a

t the

M

unic

ipal

Ref

eren

ce L

ibra

ry, H

arol

d W

ashi

ngto

n Li

brar

y, 5

th F

loor

, 400

S. S

tate

Stre

et, C

hica

go, I

llino

is.

Appr

oved

by

the

City

of C

hica

go,

June

201

3; s

umm

ary

revi

sed

2016

. 11

250-

12

Residential Landlord and Tenant OrdinanceRate of Interest on Security Deposits

Municipal code chapters 5-12-080, 5-12-081 and 5-12-170

• Alandlordmustgiveatenantareceiptforasecuritydepositthatincludestheowner’sname,thedateitwasreceivedandadescriptionofthedwellingunit.Thereceiptmustbesignedbythepersonacceptingthesecuritydeposit.

• Alandlordmustpayinteresteachyearonsecuritydeposits(eff.11-6-86)andprepaidrent(eff.1-1-92)heldmorethansixmonths.

• TherateofinterestthatalandlordmustpayisseteachyearbytheCityComptroller.(eff.7-1-97)• Beforealandlordcandeductexpensesfordamagesfromthesecuritydeposit,thelandlordmustprovidethetenantwithanitemizedstatementofthedamageswithin30daysofthedatethetenantvacatesthedwellingunit.

• Within45daysofthedatethetenantvacatesthedwellingunit,alandlordmustreturnallsecuritydepositandrequiredinterest,ifany,minusunpaidrentandexpensesfordamages.

• Intheeventoffire,alandlordmustreturnallsecuritydepositandrequiredinterest,ifany,minusunpaidrentandexpensesfordamages,withinsevendaysfromthedatethatthetenantprovidesnoticeofterminationoftherentalagreement.(eff.l-l-92)

UnderChapter5-12oftheMunicipalCodeofChicagosections5-12-081and5-12-082,theCityComptrollershallcalculateandannounceonthefirstbusinessdayofeachyear,therateofinteresttobepaidonsecuritydeposits.AsofJanuary1,2019basedoninformationfromtheCityComptroller’sOffice,theinterestratetobepaidonsecuritydepositsis0.01%.

TherateisbasedupontheaverageoftheratesofinterestofthefollowingtypesofaccountsatChaseBank,whichisthecommercialbankhavingthemostbrancheslocatedintheCityofChicago:SavingsAccount0.01percent,insuredMoneyMarket0.01percentandSix-monthCertificateofDeposit(basedonadepositof$1,000)0.01percent.

Security Deposit Interest Rate Jan.1-Dec.31,2019:0.01%

ForacopyofthecompleteResidentialLandlordandTenantOrdinance,visittheOfficeoftheCityClerk,Room107,CityHall,121N.LaSalleSt.ForacopyoftheResidentialLandlordandTenantOrdinanceSummary,visittheDepartmentofPlanningandDevelopment,CityHall,Room1000.

DepartmentofPlanning&Development|121N.LaSalleSt.|Room1000|Chicago,Illinois60602|[email protected]@ChicagoDPD

2018: 0.01%2017: 0.01%2016: 0.01%2015: 0.01%2014:0.013%2013:0.023%2012:0.057%

2011:0.073%2010: 0.073%2009: 0.12%2008: 1.26%2007: 1.68%2006: 1.71%2005: 1.01%

2004: 0.42%2003: 0.52%2002: 0.83%2001: 3.10%2000: 2.71%1999: 2.63%Pre-July1997:5%

Ordenanza de Residencias para Duenos e Inquilinos (Arrendatrios)Tarifa de Interes en Depositos de Seguridad

Codigo Municipal, Capitulo 5-12-080, 5-12-081 y 5-12-170

• Eldueñodeledificio(propietario)debedarleasuinquilino(arrendatario)unreciboporDepósitodeSeguridadqueincluyaelnombredelapersona,lafechacuandofuerecibidoyladescripcióndelaunidad(casa)queestarentando.Elrecibodebeserfirmadoporlapersonaaceptandoeldepósitodeseguridad.

• Eldueñodeledificiodebepagarinterescadaañoeneldepósitodeseguridad(eff.11-6-86)yrentaenIaprepagada(eff.1-1-92)retenidapormásdeseismeses.

• LatarifadeinterésqueeldueñodeledificiodebepagaresfijadacadaañoporelControladordelaCiudad.(eff.7-1-97).

• Antesqueeldueñodeledificiopuedadeducirlosgastospordañosdeldepositodeseguridad,eldueñodeledificiodeberáproporcionarasuinquilino(arrendatario)unadeclaracióndetalladadelosarticulosdañados,dentrodelos30diasdeIafechaqueelinquilino(arrendatario)dejevacantelaunidadquerentaba.

• Dentrodelos45diasdelafechaqueelinquilino(arrendatario)dejevacantelaunidadocasa,eldueñodeledificiodeberádevolvertodoslosdepósitosdeseguridadyelinterésrequerido,silohay,menosIarentasinpagarylosgastosporlosdaños.

• Eneleventodefuego,eldueñodeledificiodeberádevolvertodoslosdepósitosdeseguridadyelinterésrequerido,silohay,menoslarentasinpagarylosgastospordaños,dentrodelossietediasenqueelinquilino(arrendatario)proporcionónotificacióndeterminacióndelacuerdoderenta.(eff.1-1-92)

BajoelCapitulo5-12delCodigoMunicipaldeChicago,secciones5-12-081y5-12-082,elcontroladordelaCiudaddeberacalcularyanunciarconelprimerdíadenegociosdecadaaño,latarifadeinterésconlaquelosdepósitosdeseguridadseránpagados.EmpezandoEnero1,del2019basadoenlainformacióndelaOficinadelControlador(CityComptroller’sOffice),latarifadeinterésendepósitosdeseguridadesde0.01porciento.EstatarifaestabasadaenunpromediodelinterésdelascuentasdeahorrosregularesdelossiguientestiposdecuentasdeChaseBank,el cual es el banco comercial que tiene mas sucursales localizadas en la Ciudad de Chicago:LibrasdeAhorros0.01porciento;DineroAseguradoporlaBolsa0.01porciento;yCertificadodeDepositoporseismeses(basadoendepósitosde$1,000)0.01porciento.

ParaunacopiadelaOrdenanzadeResidenciasparaDueñoseInquilinos,visitelaoficinadelCityClerk,Cuarto107,121N.LaSalleSt.ParaunacopiadelresumendelaOrdenanzadeResidenciasparaDueñoseInquilinos,visiteDPD,121N.LaSalleSt.,Cuarto1000.

DepartamentodeDesarrolloyPlanificacionUrbana|121N.LaSalleSt.|Cuatro1000|Chicago,Illinois60602|[email protected]@ChicagoDPD

Tarifa de Interes Deposito de Seguridad Enero1-Diciembre31,2019:0.01%

2018: 0.01%2017: 0.01%2016: 0.01%2015: 0.01%2014: 0.013%2013: 0.023%2012: 0.057%

2011:0.073%2010: 0.073%2009: 0.12%2008: 1.26%2007: 1.68%2006: 1.71%2005: 1.01%

2004: 0.42%2003: 0.52%2002: 0.83%2001: 3.10%2000: 2.71%1999: 2.63%AntesdeJulio‘97:5%

Chicago Residential Lease 2019 V6 · Chicago deemed “Tenant responsibility ” and shall be...

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