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| Illinois Discuss, Is there a limit to rent increase in Illinois? Can new owner ask tenants... at States forum; ...to move after buying property? If landlord sells condo, can the new owner increase rent by $100 or more, or ... |
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04-08-2008, 01:09 PM
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| Newbie Join Date: Apr 08th, 2008
Posts: 1
| Is there a limit to rent increase in Illinois? Can new owner ask tenants...
...to move after buying property? If landlord sells condo, can the new owner increase rent by $100 or more, or request that we move so new tenant(their adult child) can move in? A site online says "yes" to the above, but a friend told me there may be exceptions. Thanks We currently have a one year lease, which doesn't end until Fall, rent is always paid on time, and we've always maintained the unit which current owner will verify. |
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