All Blog Posts Tagged 'Chicago' (1)

Modernizing the Residential Utility Disclosure Ordinance in Chicago

Back in the ‘80s, the Center for Neighborhood Technology and others helped the City of Chicago pass a residential utility disclosure ordinance that required the disclosure of heating bills when residential properties are sold or leased in the city. Why? Heating expenses constitute a significant home expense, and it’s important for consumers and Realtors to have access to this information.

Until now, complying with the ordinance could take up to two weeks: a Realtor submitted an…

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Added by Melissa Ulbricht on July 9, 2013 at 1:23pm — 3 Comments

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