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Chicago’s Tenant Relocation Rule Stands | Fort Wayne News
Chicago landlords who buy foreclosed apartment buildings now face a $10,600 relocation fee per tenant under the city’s “Keep Chicago Renting” ordinance, after the Seventh Circuit Court of Appeals ruled it’s legal economic regulation—not a property taking. The court sided with the city, saying the law aims to keep residents housed and falls within the government’s power to regulate landlord-tenant relationships. A company that inherited 220 tenants at one building argued the fee could cost them millions, but the court found no proof it was disproportionate or that it would cripple their…
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