Clean up picture in the Chicago Rental Lease Agreement

Aug 6th, 2022
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How to clean up picture in the Chicago Rental Lease Agreement

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hi im kenton and this is kenton knows in this video im going to explain how to prepare and list your apartment or home for rent along with helpful tips to maximize your rent and not spend a lot to get it rented if you like this video please hit the like button consider subscribing to my channel and leave me any questions or comments as well as you are probably aware im very cost conscious and like to be smart about when and where to spend money in my real estate business so lets talk about the steps youll need to take in order to get your property listed for rent heres a quick outline of what ill be explaining one clean and declutter the property two take bright high quality pictures three research local rental rates and determine your rent for this property four set up free accounts on various free listing websites that i will list five create the listing six watch my other videos on how to show your property review and qualify tenants lease clause

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The notice required is key, breaking a Chicago lease without proper notice can leave you liable for unpaid rent and abandonment damages.
The state law allows tenants to seek habitable housing, meaning that the property should be presented in good condition by the landlord. In case the property suffers from damages that exceed normal wear and tear, the landlord must provide repairs within a reasonable time frame.
With the changes, all Illinois residential landlords must provide tenants with itemized statements of damage within 30 days after the residential tenant vacates the property or the date tenants right of possession ends, whichever is later, and return the deposit or portion thereof within 45 days after the tenant
While factors like no rent control or security deposit limitations favor landlords, the state has restrictions that limit what they can do to lease their property. Plus, much of the time have more leverage in a lease agreement than the landlord does.
A Chicago landlords obligations fall into a few major categories: the landlord must maintain the premises; the landlord must stay out of the premises, except in certain circumstances; the landlord must safeguard and return the security deposit, the landlord may not engage in illegal housing discrimination; the
The Chicago Residential Landlord and Tenant Ordinance require landlords to disclose (i) the existence of any building code violations in the past 12 months, (ii) the pendency of any enforcement litigation or compliance board proceeding, and (iii) any notice of intent by either the City of Chicago or any utility

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