CRLTO definition

CRLTO means the Chicago Residential Landlord and Tenant Ordinance (Title V, Chapter 12), as the same has heretofore been, or may hereafter be, amended.
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Examples of CRLTO in a sentence

  • Manager will handle security deposits consistent with the requirements as set forth in the Chicago Residential Landlord Tenant Ordinance ("CRLTO") and Illinois Security Deposit Return Act ("ISDRA").

  • Owner will indemnify, defend and hold harmless the Manager and its members, managers, officers, employees, agents and their respective affiliates from any liability that may result from Owner’s failure to comply with the CRLTO and ISDRA.

  • Chicago Residential Landlord Tenant Ordinance: If at any time this Agreement contradicts with the existing CRLTO or future changes to the CRLTO and related laws, the CRLTO will supersede this Agreement.

  • Owner will be responsible for any suits, claims, and costs that Manager and/or Broker may incur as a result of any CRLTO and ISDRA security deposit claims as a result of Owner’s failure to abide by the CRLTO and ISDRA.

  • Stated another way, the lease is outside the scope of the CRLTO if (i) the owner’s building contains 6 units or less, and (ii) the owner lives in the building (e.g. owner occupied co-op or condominium; a 6 unit building and landlord lives in one of the units).

  • The CRLTO requires landlords to include many forms with the lease agreement, so we've appended them all to this lease ...

  • It is designed for Chicago landlords seeking to comply with the Chicago Residential Landlord Tenant Ordinance (the "CRLTO") and Illinois law.

  • Owner will be responsible for any suits, claims, and costs that Manager and/or Broker may incur as a result of any CRLTO; CCRTLO; ISDRA, or any other applicable law that governs security deposit claims.

  • Owner will be responsible for any suits, claims, and costs that Manager and/or Broker may incur as a result of any CRLTO; CCRTLO; ISDRA, or any other applicable law that governs security deposit claims arising from the acts and/or omissions of Owner.

  • OF CHICAGO The title of the City of Chicago’s ordinance is the Residential Landlord and Tenant Ordinance, or the “CRLTO.” A PDF summary of the CRLTO as well as access to the full text is available on the City of Chicago’s website.