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Updated 5 months ago on . Most recent reply

User Stats

12
Posts
7
Votes
Clint Votruba
  • Attorney
  • Chicagoland
7
Votes |
12
Posts

Moratorium on Rental Licenses

Clint Votruba
  • Attorney
  • Chicagoland
Posted

I had a Client this year who made an Offer to Purchase a condo in Country Club Hills as an investment property.

He did not know that the City of Country Club Hills is not issuing new rental licenses.

I was able to get him out of the Contract but for new investors, know that you may not be able to rent out a condo even if the HOA allows it.

He avoided making a very costly mistake.  

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