"Fair Notice" Ordinance Voted into Law by Chicago City Council
- Negotiations began at $10,600 in relocation fees (per unit) and 180-days notice for all lease ‘Non-Renewals'
- Negotiations ended with NO Relocation fees and a complex notice system which favors longer-term tenants over newer residents
- CAA testified against the ordinance, citing the ordinance's unintended consequences (more eviction filings, more on-site disputes) and the committee's lack of transparency over the final version.
- An additional component to the Fair Notice Ordinance, added the day before its passage, was adding a one-time “right to cure” period for tenants in a given unit.
- The ‘right to cure’ would require landlords to accept full payment of all back rent, including court filing fees, up until an eviction order is given by a court.
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The ordinance does not apply to any existing rental agreement that expires before October 20, 2020 (90 days from passage).
As a CAA Member, be sure to review the City of Chicago's Overview of the Ordinance and contact Government Affairs Director Tom Benedetto at tom@caapts.org.