Anyone who wishes to become involved in real estate transactions should first make themselves aware of the laws regarding real estate in the particular state or Commonwealth in which the transaction will take place. The primary real estate laws that most lay persons want to understand deal with issues between landlords and tenants. There is a law firm that helps clients with real estate laws in Chicago. The following are some of the basic laws to understand.
Tenants’ Rights
One of the most foreboding issues that tenants have with landlords is that of eviction. It is important for the tenant to understand what their rights are regarding evictions, including the actual amount of time they have to move. The landlord cannot evict the tenant without a writ of possession from court, a judgment from the court, and the assistance of the sheriff department.
Other Tenants’ Rights
When it comes to the security deposit, the landlord must return the deposit in a timely manner, which is seven days for a vacating due to casualties, and 45 days for all other reasons. The landlord cannot deduct normal wear and tear from the security deposit. The landlord may deduct rent that has not been withheld for valid reasons.
Landlords’ Rights
It is important to understand that the landlord also has rights that must not be ignored. The landlord has the option to exercise his or her rights when the terms of the contract are not adhered to. The landlord also has the right to raise the rent, as long as the tenant has been given previous notice within a reasonable amount of time.
Getting Legal Help with Your Landlord and Tenant Issues
Whether the individual is a landlord or a tenant, it may take a legal team to work through the issues which may vehemently arise. Starr, Bejgiert, Zink & Rowells are attorneys who have been meeting the real estate law needs of clients in the Chicago area for more than eight decades. If either landlord or tenant is looking for an attorney versed in the real estate laws in Chicago, they can visit www.sbzrlaw.com. Follow us on Twitter.
