Saturday, February 27, 2010

Are You Trying To Rent A Property???


Two bills related to landlord licensing and crime on rental property have been introduced. Representative Anthony DeLuca has reintroduced House Bill 6257 which is a repeat proposal from prior sessions that would permit all non-home rule municipalities to license and regulate landlords. The bill also permits these municipalities to require that landlords include in any and all leases prohibitions of criminal activity. Another bill, Senate Bill 3075, goes even further. This bill, sponsored by Senator Maggie Crotty, permits all non-home rule municipalities to adopt a crime-free rental housing ordinance for the purpose of deterring crime in residential areas.

The crime-free rental housing ordinance may require a property owner to obtain a valid residential rental license from the municipality and to attend a training program or seminar concerning crime prevention before he or she may obtain a residential rental license. This bill also provides that an ordinance may require that any lease entered into for residential property located in the municipality include a provision or an addendum that prohibits a tenant, a tenant's family member, or a guest of the tenant from engaging in, facilitating, or permitting any quasi-criminal or criminal activity as defined by federal, State, or local law.

January Statistics for the South Side

2 bedroom houses - average sales price $111K - Average time on the market 111 days
2 bedroom condos - average sales price $115K - Average time on the market 134 days

Call me for information 312-498-1138