If all the new and proposed laws and regulations in 2020 have you worrying what traps you may be narrowly avoiding, the Illinois REALTORS® Member Outreach Team can provide some calm.
The Outreach team provides a 10- to 15-minute update on:
- Cook County: Just Housing Amendment and Proposed Residential Tenant/Landlord Ordinance
- Chicago: Recently enacted changes to the Residential Landlord/Tenant Ordinance and proposals such as just cause evictions.
- Illinois: Updates to the new Real Estate License Act
The Outreach team delivers a brief, high-level and easy-to-understand overview on changes critical to the industry. This allows brokers to “zero in” on which aspects they need to do a deeper dive on. The Outreach team will also talk about how to engage in the policy-making process so we can shape the proposals that impact our industry.
While some may joke about being “over” 2020, there is no doubt this year has been full of new challenges and changes for Illinois’ housing and rental markets. The Rogers Park Builders Group, a local group supporting residential and commercial property investment, recently posted a list of proposed Illinois housing laws for Chicago and Cook County.