Investment Property Owner Lawyer Serving Chicago, Schaumburg and Surrounding Areas
Brian M. Krause knows that Chicago has a reputation for being a very tenant-friendly city. Local laws, particularly the Chicago Residential Landlord and Tenant Ordinance (RLTO), place many burdens on landlords, condo associations and real estate management companies. Additionally, in the wake of the financial crisis, many condo associations find themselves still facing the challenge of owners who cannot or will not pay dues and assessments. Condo Associations and Landlords in Chicago need the help of skilled and experienced legal professionals to handle these issues effectively. We have the experience and knowledge to help you resolve your Chicago property issues.
Small Property Issues Can Become Huge Challenges
- A tenant's negligence leads to a broken water pipe, which in turn, creates moisture and dangerous mold in the premises. Nevertheless, the tenant wants the landlord to clean up the mess and fix the pipe. This can create a long, costly dispute with the tenant.
- A tenant or condo owner accidentally breaks a staircase in your building during a move-in, and thus, creates a hazard on the premises that can lead to serious injury. The under-prepared landlord or property management company can be dragged into complex personal injury litigation.
- A general contractor conducts work on a property but fails to pay a subcontractor. The subcontractor in turn places a lien on the property. If the property owner fails to have the lien removed, the property may not be transferable or insurable.
- A commercial retail tenant violates any one of the many rules laid out in the Chicago Municipal Code. The property owner or landlord gets a summons to answer for the violation or face hefty fines from the city.
- A recalcitrant condo owner constantly challenges every effort a condo association undertakes to properly and effectively manage a common interest property.
- A condo owner does not properly maintain fixtures or plumbing in its own unit and thus, causes damage to other units or the common areas of the property. Yet, the owner refuses to pay and tries to hold the association responsible.
- A retail laundromat tenant in Chicago falls into financial difficulty and fails to pay its water bills. Unfortunately, the city bills on two month cycles. By the time the landlord finds out about the charges, the tenant has racked up thousands in unpaid water charges. As a result, the city wants to put a lien on the property until the bill is paid.
Although our firm's goal is to avoid litigation and complex court actions as much as possible, we have the ability to get results through these channels. We will do what it takes to help you achieve your best possible outcome. Get in touch with an Illinois landlord/tenant attorney. Contact us today.