Articles From Nicky Sonntag

New Changes to the Illinois Radon Gas Awareness Act By Nicky Sonntag Environmental and Natural Resources Law, February 2024 The Illinois Radon Act will be substantially revised effective as of January 1, 2024, imposing additional obligations on landlords and providing additional rights to tenants.
New Changes to the Illinois Radon Gas Awareness Act By Nicky Sonntag Real Estate Law, December 2023 The Illinois Radon Act will be substantially revised effective as of January 1, 2024, imposing additional obligations on landlords and providing additional rights to tenants.
An Overview of the Illinois Electric Vehicle Charging Act By Nicky Sonntag Real Estate Law, September 2023 Thanks to the recently enacted Electric Vehicle Charging Act, owners and tenants of residences in certain types of residential buildings constructed after January 1, 2024, will have the right to install and use charging equipment for electric vehicles if certain conditions are met. 
Practitioner Reminder: Illinois Housing Development Authority’s New Homebuyer Assistance Program By Nicky Sonntag Real Estate Law, July 2023 The Illinois Housing Development Authority has a new homebuyer assistance program offering a flat $10,000 towards a qualifying borrower's home purchase.
Overview of Bulk Sales Laws for Commercial Real Estate Transactions By Nicky Sonntag Real Estate Law, May 2023 To avoid later disputes between parties, issues related to obtaining bulk sales releases, payment of taxes owed by the seller, and the creation of any escrow required for payment of the bulk sales taxes should be addressed and negotiated in the terms of the purchase and sale agreement.
1 comment (Most recent May 17, 2023)
Practitioner Reminder: Updated Guidance for Section 8 Project-Based Rental Assistance Program By Nicky Sonntag Real Estate Law, April 2023 The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing Programs has published updated guidance for owners of properties participating in its Section 8 Project-Based Rental Assistance Program.
Practitioner Reminder: Publication of the Federal Reserve Board’s Final Rule on LIBOR Benchmark Replacements By Nicky Sonntag Real Estate Law, February 2023 The London Interbank Offered Rate—used in consumer and business loans, bonds, securitizations, and nonfinancial corporate contracts as a benchmark interest rate in financial transactions—is being discontinued.
Practitioner Reminder: New American Arbitration Association’s Amendments to Rules and Procedures By Nicky Sonntag Real Estate Law, December 2022 A reminder of new and significant amendments to the rules and mediation procedures for the American Arbitration Association. 
A Refresher on the Safe Homes Act Regarding Domestic Violence By Nicky Sonntag Real Estate Law, October 2022 The Safe Homes Act was enacted to help address domestic violence, sexual abuse, dating violence, sexual assault, and stalking and includes provisions that require landlords to change locks on the premises in the case of domestic violence if the tenant provides the required notice and documentation.
What You Need to Know About the Illinois State Tax Lien Registration Act By Nicky Sonntag Real Estate Law, August 2022 An overview of the Illinois State Tax Lien Registration Act.
Quick Overview of the City of Chicago’s New Cooling Ordinance By Nicky Sonntag Real Estate Law, July 2022 In response to the tragic heat-related deaths of three residents of a senior apartment building in Rogers Park on May 14, 2022, the Chicago City Council enacted on June 22, 2022, new cooling and dehumidification requirements for some existing residential occupancies and certain new construction.

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