Melissa Ulbricht's Blog – July 2013 Archive (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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