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Move-In Fees Explained

Moving

Move-in fees are the cause of many headaches for some new tenants. There are often great debates waged between landlords/associations and tenants over the reasons behind these fees and their legality. Here are the answers to some common questions about move-in fees: Why do I have to pay? Usually, a move-in fee is charged to a tenant upon signing their new lease. The fee serves to cover the costs of accomodating and processing new tenants, such as changing directories and reprogramming security systems. A move-in fee is always non-refundable. How is this different from a security deposit? A security deposit is...

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Inexpensive Ways to Beautify Your Condo Building

Living Room

  Not all of us have the privilege of living in luxurious, contemporary condos overlooking the Lake Michigan, Millennium Park or the Magnificent Mile.  Most condominiums have comparatively modest aesthetics, and their settings are much less glamorous. However, there are many clear and affordable ways to enhance your condo building and make it modern, bright and welcoming.  Consider forming a beautification or decoration committee if it does not already exist within your association. This committee would be in charge of adorning common areas for events or holidays, depending on what the association allows. Furnishing lobbies and hallways with decorations during the...

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Go Cubs Go! Staying Safe During Tomorrow's Celebrations

Chicago Cubs

It's 108 years in the making.  Last night, the Chicago Cubs won the 2016 World Series in cinematic fashion, defeating the Cleveland Indians in extra innings amidst a deluge of rain. City Hall announced today that the Cubs' victory parade would be held this Friday, 11/4, at 10 a.m. The parade is expected to start at Wrigley Field, ending with a rally in Grant Park. Millions of people are expected to descend on the city tomorrow, eager to participate in the festivities. But as the city has learned in the past, massive crowds tend to attract trouble. Here are some tips...

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Chicago's Hot Rental Market

Apartment

It's almost as if a new housing development is being built in Chicago every day.  Demand for rental housing in Chicago is the highest it has been in years, with DePaul's Institute of Housing Studies (IHS) reporting that rentals make up nearly 44 percent of all Cook County households, up from 38 percent in 2005.  Although renters of all ages and income levels have increased, the youth represent the largest renting demographic, as thousands of young professionals flock to the city's hippest areas. Many of these young people are exceptionally affluent. DePaul's IHS reports that the these professionals have incomes nearly...

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Preparing Your Home For Winter

Ice

  For some, the winter season means holidays, cozy nights by a warm fire and peaceful walks through gently falling snow. But it can also mean blizzards, bone-chilling temperatures and ice build-up that can wreak havoc on a building’s integrity. It’s an inevitable fact of living in the Upper Midwest: winter is coming. The maintenance duties of condo owners often vary across associations, but depending on your agreement, you may be responsible for many of these tasks.  Here are some tips to ensure your home survives the season: Before the worst of the cold weather comes through the area, make sure...

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