Chicago Vacation Rental Ordinance. Here are specific changes that impact and or protect condominiums housing cooperatives and townhomes community associations in the city. Shared housing and accommodations licensing.
2 rent or lease any vacation rental more than once within any consecutive 10 hour period measured from the commencement of one rental to the commencement of the next. Base rate of 4 5 of the gross rental or leasing charge. The ordinance is located at chapter 4 207 of the municipal code of chicago and applies to vacation rentals.
To be eligible the following requirements must be met.
There are various license or registration requirements for short term residential rentals and for internet platforms that connect guests with. The purpose of this surcharge is to fund supportive services attached to permanent housing for homeless families. Base rate of 4 5 of the gross rental or leasing charge. Or 3 advertise an.