It is important to be aware of changes to real property law and contract law. Perhaps what is more valuable is to have a lease reviewed by a lawyer who specializes in landlord/tenant law. Our management professionals always make use of a carefully worded Chicago, Illinois lease agreement, which has been reviewed by an attorney.
Recently, major changes have been made to landlord/tenant law in places like California, Wisconsin and other parts of the country, which has social media all abuzz. In an effort to equalize the position of property owners and tenants, landlord/tenant law is constantly evolving and landlord’s rights and landlord’s responsibilities in Chicago, Illinois and elsewhere are constantly changing. For instance, prior to March of 2015, landlords in Wisconsin were obligated to make arrangements for storage of any personal property that belonged to an evicted tenant. To fulfill such an obligation, Wisconsin landlords needed to notify the sheriff’s department, hire a bonded mover, and give notice to the evicted tenant. The revised law now allows a landlord to presume that property left behind and to deem it abandoned. Of course, there are exceptions to the rule, and this is just one example of how estate law can and has evolved in places around the country.
The lessons that we can take from trending news topics like those out of Wisconsin, make it clear that your property manager’s role goes way beyond simply filling unoccupied space; at All County Property Management Solutions, we can proudly say that our expertise in lease execution and lease enforcement will protect your property investments for years to come.
In order to keep in line with the ever changing rules, your Chicago, Illinois lease agreement is regularly updated. A well written Chicago, Illinois lease allows your property manager to enforce lease requirements, and in the case of an escalated issue, a well written lease could mean the difference between winning or losing a court case. At All County Property Management Solutions, our leases are well written and tenants’ responsibilities are clearly defined. As a property owner, you can rest easily knowing that your property manager is acting in your best interests, busy protecting your Chicago, Illinois property investment.